Mumbai, June 9 -- This decision, formalized through a Gazette notification dated 6 June 2025, is expected to favorably impact OCCL, a leading producer of this critical rubber additive.
The Directorate General of Trade Remedies (DGTR) had earlier recommended these duties to counteract the influx of low-priced imports that were undermining local producers. The Ministry of Finance's Department of Revenue has now acted on this recommendation, aiming to curb unfair trade practices and support domestic industry growth.
As per the notification, the anti-dumping duty will remain in force for five years-unless amended, revoked, or superseded earlier-and will be payable in Indian currency.
While the exact financial implications are yet to be deter...