A recent Notification imposes Anti-dumping duty on Sodium ...
Anti-dumping duty imposed on Sodium Cyanide from China, EU, Japan, Korea to protect local industry. Rates vary, 5-year duration.
Notifications Customs
June 28, 2024
A recent Notification imposes Anti-dumping duty on Sodium Cyanide imports from China PR, European Union, Japan, and Korea RP. This action follows findings that such imports were sold at dumped prices, causing material injury to the domestic industry. The duty rates vary based on the country of origin, export, and producer, with a duration of five years unless modified earlier. The duty is to be paid in Indian currency, with exchange rates determined by the Ministry of Finance. This measure is enacted under Customs Tariff Act and aims to address unfair trade practices and safeguard domestic producers.
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