India starts countervailing duty probe against Chinese PVC resins

Key Highlights

• The Directorate General of Trade Remedies (DGTR) is an arm of the commerce ministry.
• “On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the applicants substantiating the existence of subsidization and consequent injury to the domestic industry, the authority hereby initiates an anti-subsidy investigation,” the DGTR has said in a notification.
• The directorate will determine the existence, degree, and effect of the alleged subsidisation and recommend the amount of countervailing duty, which, if levied, would be adequate to remove the injury to the domestic industry.
• The applicants have alleged that the producers/exporters of the goods in China have benefitted from the subsidies provided at various levels by the government of China.
• Meanwhile, in a separate notification, the DGTR said that it has also started an anti-absorption investigation of the anti-dumping duty imposed on imports of a Chinese herbicide, Glufosinate and its salts.