DGTR issued final findings recommending modification of anti-dumping duties in Mid-term review investigation into imports of Polytetrafluoroethylene (PTFE) originating in or exported from Russia on (18.12.2020)

Product description – The product under consideration is “Polytetrafluoroethylene (PTFE)”. PTFE is produced in various grades, such as molding grade, fine powder, aqueous dispersion and compound grades of filled grades. All grades that were included in the scope of review.

HS Codes – The product under consideration falls under Customs sub-headings ‘39046100’. However, these have been considered as indicative only and no way binding on the scope of present investigation.

Uses – PTFE is primarily used in electrical, electronic, mechanical and chemical industries for their unique characteristics which are chemical inertness, electrical and thermal insulation, low coefficient of friction, non-toxic, non-flammable, resistance to radiation, low level of static and dynamic friction and outstanding electrical properties over a wide frequency range.

Countries involved – Russia.

Applicants – M/s. Gujarat Fluorochemicals Ltd.

Date of imposition of duty – Original duty was imposed on6th June 2016 and expires on 5th June 2021. Present duty is recommended on 18th December 2020 and is yet to be imposed by the Ministry of Finance.

Date of initiation – 16th April 2020.

Period of investigation – April 2019 to December 2020.

Injury period – 2016-17, 2017-18, 2018-19 and the POI.

Date of levy of provisional duty (if any, with Customs Notification No.) – N.A.

Margins and proposed duty – DGTR has recommended modification of 2.33 US$/kg in current duties.

Key findings –

  • The subject goods have been exported below their Normal Value during the period under investigation.
  • The dumping margin determined for the producers/exporters is not only more than de-minimis but also significant despite anti-dumping duty being in force.
  • The domestic industry continues to suffer injury on account of dumped imports from Russia.
  • Anti-dumping duty is required to be modified in view of changed margin of dumping and consequential injury in accordance with the lesser duty rule.