India starts probe into chemical dumping by 4 nations

The Dollar Business Bureau

With a complaint filed by the key domestic producers, India has begun investigations into alleged dumping of ammonium nitrate by four nations, Russia, Georgia, Indonesia and Iran that is used in the fertiliser sector.

Smartchem Technologies and Deepak Fertilisers and Petrochemicals Corporation have together filed the application for starting anti-dumping investigations related to ammonium nitrate imports from the given four countries.

Directorate General of Anti-dumping and Allied Duties (DGAD) in a notification said that it has adequate prima facie proof of dumping of ammonium nitrate by these nations.

“The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry...to determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty which, if levied, would be adequate to remove the injury to the domestic industry,” it said.

According to the available information in the petition, petitioners’ production accounts for 100 percent of the overall production in India, the notification added.

DGAD is the nodal organisation, governed by the Ministry of Commerce, for carrying out such type of investigations.

The investigation period is April-March of the fiscal 2015-16. However, the figures of 2012-15 will also be taken into consideration for analysing the injury.

Distinct from safeguard duties that are imposed in a uniform manner, anti-dumping duties differ from country to country and product to product.