Product description – Hydrogen peroxide of concentration below 90%
HS Code – 2847 0000
Uses – Hydrogen peroxide is a powerful bleaching agent and is used as disinfectant, oxidizer, in rocketry as a monopropellant and in bipropellant systems, for odour control, corrosion control, organic and inorganic oxidation, toxicity reduction/ biodegradability improvement, disinfection / bio control, paper and pulp bleaching, in manufacturing of peroxides and epoxides as well as an antiseptic and anti-bacterial agent for therapeutic uses.
Countries involved – Bangladesh and Thailand
Applicant – National Peroxide Limited
Period of investigation – 1st April 2020 to 31st March 2021
Injury period – 2017-18, 2018-19, 2019-20 and the period of investigation.
Past investigations involving the product – Anti-dumping duties were originally levied by the Central Government vide Notification No. 28/2017-Customs (ADD), dated 14th June 2017. The said duties were challenged before the Hon’ble CESTAT, and the matter was remanded for re-computation of non-injurious price. Pursuant to re-determination of non-injurious price, revised duties were imposed vide Notification No. 33/2018-Customs (ADD), dated 1st June 2018. The current anti-dumping duties, if not extended, will expire on 13th June 2022.
Facts of the present case – Despite duties in force, the subject imports are being dumped in India. The domestic industry has significant underutilized capacities, its production and sales have declined. The dumped imports are undercutting the prices of the domestic industry and have impacted its profitability. Further, there is likelihood of continuation or recurrence of dumping and injury in the event of expiry of duty. This is evident from the present dumping, significant volume of imports despite duties, idle capacities with the producers in the subject countries, capacity expansions, export orientation of the exporters, imposition of anti-dumping duties by third countries, and likely price undercutting.