In its final findings, the Directorate General of Anti-Dumping and Allied Duties (DGAD), under the Commerce ministry, has found that "Methyl Acetoacetate" has been dumped from these countries and due to that domestic players have suffered material injury.
"The authority is of the view that imposition of duty is required to offset dumping causing injury," DGAD said in a notification.
DGAD has recommended an anti-dumping duty in the range of USD 0.24-0.40 per kg on the imports.
While DGAD recommends the duty, the Finance Ministry imposes it.
Countries initiate anti-dumping probes to determine if the domestic industry has been hurt by a surge in below-cost imports. As a counter-measure, they impose duties under the multi-lateral WTO regime.
Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products.