Product Description – Fibre board of wood or other ligneous materials whether or not bonded with resins or other organic substances. Flooring boards, sunmica, insulation board, coir boards, jute fibre board, and moulded door skin have been excluded from the scope of product under consideration. Product scope includes medium density fibreboard (MDF) and high density fibreboard (HDF)

HS Codes – 44.11

Uses – It is widely used for partitions, modular furniture, cabinets, etc., due to its smooth and uniform finish.

Country Involved – Indonesia, Malaysia, Sri Lanka, Thailand and Vietnam.

Applicants – Greenply Industries Limited/ Greenpanel Industries Limited, Century Plyboards (India) Ltd. and Rushil Decor Limited.

Date of Initiation – 5^th November, 2019

Period of Investigation – April 2018 – March 2019

Injury Period – 2015-16, 2016-17, 2017-18 and the period of investigation.

Final Findings – 03^rd May,2021

Subsidy Margin, Injury margin and proposed duty – The following exporter specific subsidy margin, injury margin and proposed duty has been determined by the Designated Authority. 

Country	Producer	Subsidy Margin Range	Injury Margin Range	Proposed Duty (duty amount as % of CIF value)
Indonesia	PT Mukti Panel Industries	10-20	35-45	13.69
PT Sumatera Prima Fibreboard	10-20	20-30	14.77
All others	10-20	40-50	15.78
Malaysia	Robin Resources (Malaysia) Sdn. Bhd.	10-20	35-45	15.95
Segamat Panel Boards Sdn. Bhd.	10-20	30-40	10.52
All Others	10-20	40-50	18.08
Sri Lanka	All producers/exporters	10-20	15-25	12.37
Thailand	Advance Fibre Co. Ltd.	0-10	25-35	8.29
Metro MDF Co. Ltd.	0-10
Wisewoods Co. Ltd.	10-20	25-35	13.90
Green Fibre Co. Ltd.	10-20	Negative	NIL
Agro Fibre Co. Ltd.	10-20	1-10
Panel Plus MDF Co. Ltd.	10-20	25-35	11.47
Panel Plus Co. Ltd.	0-10
Vanachai Group Public Co. Ltd.	10-20	50-60	18.54
Vanachai Panel Industries Co. Ltd.	10-20
All Others	20-30	55-65	27.52
Vietnam	Kim Tin MDF JSC	10-20	40-50	12.36
MDF VRG Quang Tri Wood JSC	10-20	15-25	14.46
All Others	10-20	40-50	19.13

Key Findings –

1. The questionnaire responses filed by M/s. S. Kijchai’s and M/s. Thamarappally Brothers Venners and Panels Private Limited were rejected as they had not circulated the non-confidential version to all interested parties.
2. There is no bar in conducting parallel anti-dumping and anti-subsidy investigations.
3. Export bans depress the domestic prices of logs, thereby assisting downstream processors leading to subsidization.
4. Inputs such as wood, land and electricity are being provided at less than adequate remuneration.
5. A subsidy need not be made available to the concerned enterprise directly inorder for it to be countervailable.
6. Subsidized imports from the subject countries have been imported into India in substantial volumes during the period of investigation.
7. The subsidized imports are undercutting the prices of the domestic industry.
8. The performance of the domestic industry has deteriorated during the period of investigation as a result of subsidized imports from the subject countries.
9. There is a causal link between subsidization of the subject goods and the injury to the domestic industry.