Overview
- The five-year measures target imports of PEDA used in herbicides, Acetonitrile for pharmaceuticals, Vitamin-A Palmitate and Insoluble Sulphur used in rubber production.
- PEDA duties will range from $1,305.6 to $2,017.9 per tonne, while Acetonitrile and Insoluble Sulphur will face levies of up to $481 per tonne and $358 per tonne respectively.
- A duty of up to $20.87 per kilogram will apply to Vitamin-A Palmitate under notifications from the Central Board of Indirect Taxes and Customs.
- The tariffs follow a DGTR investigation conducted under WTO rules, aiming to curb undervalued imports and level the playing field for local producers.
- The move is part of India’s strategy to narrow a $99.2 billion trade deficit with China and strengthen domestic chemical manufacturing.