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 sub-heading 29183040. However, the Authority had noted in a past investigation on the PUC, 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: Switzerland

Applicant: M/s Laxmi Organics Industries Limited

Supporter: Jubilant Ingrevia Limited.

Period of investigation:  1^st January 2024 to 31^st December 2024 (12 months).

Injury period: 2021–2022, 2022–2023, 2023–2024 and the POI.

Facts of the present case: The Applicant was previously the sole producer of subject goods in India. However, in 2021-22, Jubilant Ingrevia Ltd. entered the market. The volume of imports from subject country increased in absolute terms as well as in relative terms. Subject imports are undercutting and depressing prices of the domestic industry. Consequently, the economic performance of the applicant has been adversely impacted in respect of profitability, return on investment and cash profits.