Anti-dumping duty put on saccharine

May 05, 2019 10:45 pm | Updated 10:45 pm IST - New Delhi

The Finance Ministry has, on the recommendations of the Commerce Ministry, imposed an anti-dumping duty of $1,633.17 per tonne on the import of saccharine from Indonesia.

Saccharine is a compound most commonly used in sugar-substitute sweeteners. Indonesia, until recently, accounted for a large chunk of India’s saccharine imports. In 2017-18, India imported $4.36 million worth of saccharine from Indonesia, which is 43% of the total imports of the sugar-substitute compound.

However, imports from Indonesia have declined since then. In the April 2018 to February 2019 period, India imported only $1.48 million worth of saccharine from Indonesia, about 20% of its total imports from around the world.

“The product under consideration has been exported to India from subject country below their normal values and consequently, the domestic industry has suffered material injury,” the Department of Revenue notification said.

Top News Today

Comments

Comments have to be in English, and in full sentences. They cannot be abusive or personal. Please abide by our community guidelines for posting your comments.

We have migrated to a new commenting platform. If you are already a registered user of The Hindu and logged in, you may continue to engage with our articles. If you do not have an account please register and login to post comments. Users can access their older comments by logging into their accounts on Vuukle.