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The Finance Ministry has extended by one year the validity of existing anti-dumping duty on caustic soda imports from Taiwan (Chinese Taipei).
This follows the Designated Authority in the Commerce Ministry recommendation to continue levy of anti-dumping duty on caustic soda imports from Taiwan for one more year.
The existing anti-dumping duty -- imposed in August 2011-- was to lapse on August 23 this year.
The petition seeking continuation of antidumping duty on caustic soda imports from Taiwan (Chinese Taipei) was filed by Alkali Manufacturers Association along with 3 major producers--DCW Ltd, Gujarat Alkalies & Chemicals Ltd and Grasim Industries Ltd.
Caustic soda is used in the manufacture of pulp and paper, newsprint, viscose yarn and staple fibre, aluminium, cotton, textiles, toilet and laundry soaps, detergents, dyestuffs, drugs and pharmaceuticals, vanaspati, petroleum refining etc.
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