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Govt drops dumping probe against EU, US

The government has decided to terminate its anti-dumping investigation concerning imports of isopropyl alcohol from the United States, Singapore, China and the European Union.

The Directorate General of Anti-dumping and Allied Duties, under the ministry of commerce, said in an August 6 notification that it was dropping the investigation as the petitioner -- National Organic Chemical Industries Ltd -- had withdrawn its plea and asked for a halt to the investigation.

"The authority, therefore, decides to terminate the investigation in view of the petitioner's written request and the sub-rule 14 (a) of the anti-dumping rules," which lays down that the designated authority shall by way of a public notice terminate an investigation immediately if it receives a request for doing so on behalf of the domestic industry affected at whose instance the investigation was initiated.

The DGAD had earlier in its preliminary findings recommended imposition of provisional anti-dumping duties on February 5, 2002 which were later notified by the revenue department on February 22.

With the DGAD now terminating the investigation, these duties would be withdrawn.

Nocil had petitioned the DGAD on behalf of the domestic industry alleging dumping of IPA imported from Singapore, the US, the European Union and China.

The authority on the basis of sufficient evidence had decided to initiate the investigation against imports of the specific goods from some countries.

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