India has imposed an anti-dumping duty on herbicide imports from China. According to a notification by the Finance Ministry, the government has imposed an anti-dumping duty on the popular herbicide Pretilachlor and its other related forms for a period of five years.
The Finance Ministry said that the subject goods have been exported to India at a price below the normal value, thus resulting in dumping. Additionally, the Finance Ministry observed that the landed price of imports is below the level of the selling price of the domestic industry and is undercutting the prices of the domestic industry.
Furthermore, the ministry said that he dumping of the subject herbicides has resulted in material injury to the domestic industry in India. As a result, the ministry said it has recommended the imposition of an anti-dumping duty on Pretilachlor and its other related forms originating or exported from China to protect the domestic industry of India.
“The recent imposition of anti-dumping duties on select Chinese imports is a timely and essential move to ensure a level playing field for India’s manufacturing sector,” says Maninder Singh, Founder & CEO, CEF Group. Singh adds that for the domestic manufacturers, these actions go beyond mere protection—they foster an environment where innovation can thrive and secure livelihoods for countless families.
How much duty is imposed?
The imposed duty pertains to Pretilachlor and its other related forms. The herbicide is mainly used in rice cultivation to stop weeds like broadleaf and sedge. This is used by the farmers at the time of paddy sowing.
The anti-dumping duty imposed on Pretilachlor ranges from $1246 to $2017 per metric ton of product. The Finance Ministry has listed the names of five Chinese on the duty list. These include companies like Anhui Futian Agrochemical, Inner Mongolia Lange Biotechnology and Hangzhou Nutrichem