Relieve a website according to Chinese commerce, on March 26, indian business the Ministry of Works in feudal China releases announcement to say, should the application that Chemplast Cuddalore Vinyls Limited of Indian home company, DCM Shriram Limited and DCW Limited submit, to be originated in formerly or importing the colophony of polyvinyl chloride in suspension from area of chinese mainland, Indonesia, Japan, Korea, Taiwan, Thailand and United States (PVC Suspension Resins) start turn over dumping investigation. The product that this case involves Indian custom to code 39041020 fall and 39041090, 39042100, 39041010, 39042200, 39049010, 39049090, the 39043000 partial products that leave with 39042110.
The PVC resin that through polymerization of noumenon batch polymerization, latex polymerization and small in suspension craft produces is not inside this case investigation limits. The PVC colophony of the following type is not inside this case investigation limits:
1. cross-linking pvc
2. chloridize pvc (CPVC)
Copolymer of ester of ethylene of acetic acid of 3. chloric ethylene (VC-Vac)
4. polyvinyl chloride creams shape colophony
PVC of 5. lump polymerization
Polyvinyl chloride mixes 6. in all colophony
Investigation period is this case dumping to came on October 1, 2022 on September 30, 2023, damage investigation period to be came 2020 2021, came 2021 2022, came 2022 2023 and came on October 1, 2022 on September 30, 2023.
Applicant requirement date from is collected oppose dumping tax, its reason is as follows:
A. Import the colophony of polyvinyl chloride in suspension from area of chinese mainland, Indonesia, Japan, Korea, Taiwan, Thailand and United States to there is apparent dumping history in India. Came on January 23, 2008 during Feburary 9, 2022, oppose dumping tax to importing the experience case product from afore-mentioned countries and area to collect.
B. Indian importer realizes exporter the fact to Indian dumping product, of experience case product after turning over dumping duty to expire, 2022-2023 year import volume rose 65% .
C. During investigation, because sufferred financial loss and cash loss, the outstanding achievement of domestic industry drops quickly. Domestic industry cannot earn enough income to fulfil obligation of its finance affairs. If be not collected instantly,oppose dumping tax, the capital investment of domestic industry may be damaged.
