The CBIC vide Notification No. 28/2021-Customs (ADD), dated April 27, 2021 has imposed anti-dumping duty (“ADD”) on import of ‘Toluene Di-Isocyanate having isomer content in the ratio of 80:20’, falling under tariff item 29291020 of the First Schedule to the Customs Tariff Act, 1975 (“Customs Tariff Act”), originating in, or exported from the European Union, Saudi Arabia, Chinese Taipei and United Arab Emirates and imported into India in order to remove injury to the domestic industry.
ADD shall be levied for a period of five years starting from the date of imposition of the provisional ADD, i.e., December 2, 2020 vide Notification No. 43/2020-Customs (ADD) dated December 2, 2020 and shall be payable in Indian currency.
The Notification can be accessed at: https://www.cbic.gov.in/resources/htdocs-cbec/customs/cs-act/notifications/notfns-2021/cs-add2021/csadd28-2021.pdf