Product description – The product under consideration is Hydrofluorocarbon (HFC) Blends. All blends other than 407 and 410 are excluded.

 HS Codes – 3827 63 00 and 3827 64 00 (Classified under 3824 78 00 prior to January 2022).

 Uses – HFC Blends are used as refrigerants in residential and commercial air conditioning, commercial and transport refrigeration, chillers, heat pumps and process refrigeration.

Country(ies) Involved – China PR

Applicant – SRF Limited

Supporter – Gujarat Fluorochemicals Limited

Date of initiation – 24^th September 2025

Period of investigation – 1^st April 2024 to 31^st March 2025

Injury period – 2021-22, 2022-23, 2023-24 and the period of investigation.

Margins and recommended duties –

Producers	Dumping Margin	Injury Margin	Duty (USD/MT)
Shandong Dongyue Refrigerants Co., Ltd.	–	–	1,553.45
Any other producer	30-40%	20-30%	2,250.56

Key Findings –

1. The scope of the product under consideration is unchanged from the original investigation.
2. Price undercutting is positive and significant, in the range of 20-30%.
3. While the landed price of subject imports inclusive of the anti-dumping duty has remained above the domestic industry’s cost of sales and selling price, the landed price exclusive of duty is below.
4. Although imports of the product under consideration from China PR declined sharply over the injury period, this decline has been substantially offset by a steep and simultaneous increase in imports from China PR of R-125, the principal upstream raw material, in the period of investigation.
5. While the volume parameters of the domestic industry, have improved over the injury period on account of the anti-dumping duty in force, its per-unit profit, cash profit and return on capital employed have declined significantly over the injury period and its capacity utilisation and market share remain well below its potential. The performance of the domestic Industry accordingly remains fragile and vulnerable to dumped imports of the product under consideration, including in the form of R-125.
6. Because of the anti-dumping duty in force, the domestic industry has not suffered material injury. However, there exists a likelihood of material injury in the event of expiry of measures.
7. Producers in China PR are export oriented and have access to significant surplus quota for HFC components (R-32, R-125 and R-134a), which can be blended to produce the product under consideration. 
8. Producers in China PR have the ability to adjust their production towards the product under consideration, as required by market conditions, without being constrained by a fixed quota for the individual HFCs.
9. India remains a price attractive market since 65,598 MT of exports from China PR to third countries are at a price below normal value, non-injurious price and selling price of the domestic industry.
10. Producers of HFC Blends and Components in China PR have been subject to various trade remedial measures in the form of anti-dumping and countervailing measures in other jurisdictions.
11. Continuation of the anti-dumping duty is not against the interest of the Indian industry or the wider public interest as there is no demand and supply gap.
12. The impact of continuation of the duty on downstream products is negligible.
13. No user placed evidence on record showing adverse impact of the existing duty.