The Directorate General of Trade Remedies (DGTR) on September 29, 2023, issued a notification regarding the Initiation of countervailing duty / anti-subsidy investigation concerning imports of “Epichlorohydrin” originating in or exported from Thailand.
The following has been stated: -
•The applicant has alleged that the producers/exporters of the subject goods in the subject country have benefitted from the actionable subsidies provided by various levels in the Government of Thailand, including the Governments of the different provinces and municipalities in which the producers/exporters are located, and other ‘Public Bodies’. The applicant has relied upon relevant Laws, Rules and Regulations, and other notifications of the relevant Government Agencies and Public Bodies as available in the public domain.
•The Authority finds that there is prima facie evidence of the existence of countervailable subsidies on the production and/or export of the subject goods in Thailand and such subsidized imports are causing material retardation to the establishment of the domestic industry in the country.
•In view of the above position, the Authority hereby initiates an investigation into the alleged subsidization and the consequent material retardation to the establishment of the domestic industry in terms of Rule 6 of the Rules, to determine the existence, degree, and effect of any alleged subsidization and to recommend the amount of countervailing duty, which if levied, would be adequate to remove the injury to the domestic industry.
•The application has been filed by Meghmani Finechem Limited. The applicant is the sole producer of the subject goods in the country, having commenced commercial production in June 2022.
•The period of investigation for the purpose of the present investigation is April 01, 2022, to March 31, 2023 (12 months).
The detailed notification is given in the document attached below.
[Notification No. F. No. 06/24/2023-DGTR]
