Product description: The product under consideration is multi-layer board made only of white / virgin wood pulp, whether coated or uncoated, also known as Virgin Multi-Layer Paperboard. The product scope includes Folding Box Board (FBB), Solid Bleached Sulfate Board (SBS), Cup Stock Paper or Board and Liquid Packaging Board, all in the range of 140 to 450 GSM. The scope of product under consideration excludes the following.

1. Paperboards manufactured using recycled/brown pulp or fibre or a combination of recycled pulp and virgin pulp, regardless of the proportion.

2. Coated/uncoated cigarette boards
3. Two side coated artboard when imported for printing purposes
4. Four or more layered paperboard, either coated, uncoated or laminated with plastic material, aluminium, or other metal for liquid packaging material.

HS Codes: 4805 and 4810.

Country involved: Indonesia

Applicant: Indian Paper Manufacturers Association

Applicant domestic producers:

1. Aditya Birla Real Estate Limited (Formerly known as Century Textiles and Industries Limited)
2. Emami Paper Mills Limited
3. ITC Limited
4. JK Paper Limited
5. Tamil Nadu Newsprint and Papers Limited

Supporter: West Coast Paper Mills Limited

Date of Initiation: 30^th June 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:

Indonesia Producers	Dumping Margin	Injury Margin	Duty (USD/MT)
PT. Indah Kiat Pulp & Paper Tbk	Negative	Negative	Nil
PT Riau Andalan Paperboard International	65-75%	35-45%	261
Any other producer	105-115%	70-80%	376

Key findings:

1. The product under consideration is Virgin Multi-Layer Paperboard and is made of 100% white/virgin wood pulp only.
2. The volume of subject imports increased significantly over the injury period in absolute terms as well as in relation to production and consumption in India.
3. While there were negligible imports of the subject goods from the subject country till 2023-24, the imports increased significantly in 2024-25.
4. The increased subject imports are undercutting the prices of the domestic industry.
5. The landed price of imports from the subject country was the lowest amongst all major exporting countries.
6. The domestic industry was forced to reduce its selling prices more than the decline in its cost of sales in order to compete with the dumped imports in India.
7. Even though the domestic industry has sold the subject goods at losses, the inventories of the domestic industry have increased over the injury period.
8. The profitability of the domestic industry declined significantly and the domestic industry has incurred financial losses during the period of investigation.
9. The cash profits and return on capital employed of the domestic industry declined significantly over the injury period.
10. The ability of the domestic industry to raise capital investment was adversely impacted.
11. The profitability of the domestic industry has declined even though the interest and depreciation cost of the domestic industry has declined over the injury period.
12. While imports from China are in higher volumes, the domestic industry has been forced to compete with the lowest priced imports into India. Since lowest priced imports are from Indonesia, there is a causal link between dumping of subject goods from Indonesia and injury to the domestic industry.
13. The imposition of anti-dumping duty would not be against the public interest and the impact of imposition of anti-dumping duty on the final product is negligible.
14. The Authority has therefore, recommended imposition of anti-dumping duties.