DGTR under the Ministry of commerce, Government of India has notified the final submission for imposition of anti dumping duty in import of Silicone Sealants from China. The application on the basis of which the present investigation was initiated has been filed M/s Alstone Industries Pvt. Ltd which was supported by another producer of the subject goods in India namely M/s HP Adhesives Pvt. Ltd. In addition to this, there are three more producers as per the information of the petitioner namely Adarsha Specialty Chemicals Pvt. Ltd, Anabond Limited, Astral Poly Technik Limited who have neither supported nor opposed the present investigation.
The product under consideration is “Silicone Sealants excluding silicon sealants used in manufacturing of solar photovoltaic modules, and thermal power applications” originating in or exported China PR. Having regard to the contentions raised, information received, submissions made and facts available before the authority, the Authority concludes that the product under consideration has been exported from the subject country at a price below the normal value, thus resulting in dumping.
The domestic industry has suffered material injury. The examination of the imports of the subject product and the performance of the domestic industry shows that the volume of imports from the subject country has increased in absolute terms and also in relation to production and consumption in India. The imports from the subject country are undercutting the prices of the domestic industry. Both the selling price and cost of sales have increased during the injury period. The Authority, therefore, considers it necessary and recommends imposition of anti- dumping on products originating in or exported from China PR, from the date of notification.