India imposes anti-dumping duties on China's phosphorus pentoxide

According to the Indian media, the Indian tax authorities imposed anti-dumping duties on a chemical imported from China to protect domestic manufacturers
.

According to a report on the website of the Press Trust of India on April 8, according to the notice of the Central Committee of Indian Consumption Tax and Customs, anti-dumping duties were imposed on phosphorus pentoxide imported from China for a period of five years
.

Phosphorus pentoxide is a powerful desiccant and dehydrating agent, and also a useful substrate and reagent in the chemical industry
.

According to the report, in accordance with the lawsuit of Sandia Dyestuffs and Chemicals Company of India, the Anti-dumping and Joint Customs Administration launched an investigation into the import of this chemical to determine whether these imports harm domestic manufacturers of this chemical
.

According to the report, this investigation aims to determine the "existence, extent and impact" of the so-called dumping and to make recommendations on the amount of anti-dumping duties
.
If this tariff is imposed, it will be enough to remove the harm to India's domestic industry

According to the report, after the investigation, the Anti-dumping and Joint Customs Administration concluded that this chemical was exported to India at a lower price than normal, and that the domestic industry was severely injured due to import dumping
.

Based on the recommendations of the bureau, the taxation department decided to impose anti-dumping duties on phosphorus pentoxide imported from China
.

According to Indian media, many countries around the world are embarking on anti-dumping investigations to determine whether domestic industries are affected by the influx of low-cost imports
.
As an anti-dumping measure, they impose tariffs on imported goods in accordance with multilateral WTO regulations

The report also stated that the anti-dumping measures were taken to ensure fair trade and to provide a level playing field for the domestic industry, not to restrict imports or increase the cost of such products for no reason