Product description: The product under consideration (PUC) is ‘Methyl Acetoacetate’, also known as MAA/MAAE/AAME. The chemical formula of MAA is C5H803 and at 99% purity, it is a clear liquid with a colourless appearance.
HS Codes: The PUC is classified under Chapter 29 of the Customs Tariff Act, 1975, under 29183040. However, the Authority had noted in the original investigation that subject goods are imported under various other codes as well.
Uses: MAA is used primarily in the Pharmaceutical Industry, Agrochemical Industry, Polymer Industry, and as a reactant in other industries. MAA is also used as a flavouring agent and in colourants.
Countries involved: China PR
Applicant: M/s Laxmi Organic Industries Limited
Supporter: Jubilant Ingrevia Limited.
Period of investigation: 1st January 2024 to 31st December 2024 (12 months).
Injury period: 2021–2022, 2022–2023, 2023–2024 and the POI.
Facts of the present case: The Applicant was earlier the sole domestic producer of the subject goods. However, in 2021–22, Jubilant Ingrevia Ltd. commenced production. Despite the continued imposition of anti-dumping duties, import volumes remain significant and are entering the Indian market at dumped prices. These dumped imports are undercutting and depressing domestic prices. Exporters from the subject countries possess substantial surplus capacities, are export-oriented in nature, and continue to maintain a strong foothold in the Indian market, indicating likelihood of continued injury in the event of cessation of duties.