Government Extends Anti-Dumping Duty on TDI Imports Until March 2026:

Government Extends Anti-Dumping Duty on TDI Imports Until March 2026 The government had earlier imposed anti-dumping duty on imports of Toluene Di-isocyanate (TDI) from the European Union and Saudi Arabia vide Notification No. 28/2021-Customs (ADD), dated 27th April 2021. This duty was levied to protect the local industry. Therefore, the Central Government has recently decided to extend the anti-dumping duty on the import of "Toluene Di-lsocyanate (TDI)" from the European Union and Saudi Arabia up to March 1, 2026, unless the government decides to cancel, revoke or replace it.

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This decision was made after the Directorate General of Trade Remedies (DGTR) initiated a review of this anti-dumping duty through notification No. 7/14/2024-DGTR, dated the 30th December 2024, where it requested the extension of the anti-dumping duty on the mentioned good. The anti-dumping duty is imposed when an imported good is being sold at a price lower than its normal value in the domestic market. This causes harm to the local industry. By continuing this anti-dumping duty, the government aims to protect the local manufacturers.