Toluene Di Isocyanate (TDI) imports face renewed anti dumping duties with producer specific rates and five year imposition effective immediately
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....Anti-dumping duty is imposed on Toluene Di Isocyanate (TDI) with 80:20 isomer ratio originating in or exported from the European Union and Saudi Arabia, with producer specific and residual rates specified in the notification (Covestro Deutschland AG, Borsod Chem Zrt, Sadara Chemical Company, and other producers). The duty is notified under the Customs Tariff Act framework and corresponding antidumping rules, supersedes the 2021 notification, is payable in Indian currency, applies for five years from Gazette publication, and requires conversion to Indian currency at the prescribed Customs Act exchange rate on bill of entry date.....
TaxTMI
TaxTMI