India considers fresh ADD on caustic soda imports

02 April 2009 16:33  [Source: ICIS news]

NEW DELHI (ICIS news)--India is considering levying a fresh anti-dumping duty (ADD) on caustic soda imports from Indonesia, Taiwan and the EU, excluding France, a government source said on Thursday.

The anti-dumping authority (ADA) has advised the government to impose reference price (RP)-based ADD after the completion of a review into an earlier levy. ADA has recommended a uniform RP price of $415.46/tonne, he said.

Under such a tariff mechanism, ADD is calculated as the difference between notified RP and the value of the import parcel arriving at an Indian port.

The earlier RP-based ADD lapsed on 26 March after the expiry of a one-year extension.

Under the lapsed ADD, the RP ranged from the minimum $256.88/tonne in case of supplies from Indonesia to the maximum $295.46/tonne for consignments originating from the EU, excluding France.

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By: Naresh Minocha
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