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The Finance Ministry has imposed definitive anti-dumping duty on certain carbon black imports from China and Russia.
The anti-dumping duty -- which would be valid for five years -- has been specifically imposed on carbon black used in rubber applications.
Carbon black -- also known as acetylene black -- can be divided into two categories -- rubber and non-rubber applications.
Carbon black for rubber application is the one that is used in the production/processing of rubber (including tyres), as a reinforcing filler.
The latest Revenue Department move follows the recommendation of the Designated Authority in Commerce Ministry in its sunset review investigation of existing anti-dumping duty on import of 'carbon black used in rubber applications' from China, Russia and Thailand.
In the case of Thailand, the Revenue Department has now revoked the existing anti-dumping duty, following the recommendation of the Authority in view of the negative injury margin.
Philips Carbon Black Ltd and Hi-Tech Carbon, now known as SKI Carbon Black (India) Pvt Ltd, had filed the petition seeking sunset review investigation.
In the case of Russia, an anti-dumping duty of $ 36.17 per tonne has been imposed.
For carbon black imports from China, an anti-dumping duty of $ 397.10 per tonne has been imposed on six exporters. For the rest, the anti-dumping duty has been pegged at $ 494 per tonne.
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