CHEMEXCIL
Basic Chemicals, Pharmaceuticals & Cosmetics Export Promotion Council
(Set-up by Ministry of Commerce and Industry, Govt of India) |
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Ref:EPC/LIC/ANTI-DUMPING/P-XYLENE |
26.11.2014 |
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Brazil- Exemption from Anti-Dumping Duty for Para-Xylene imported from India
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To,
All Members Council
Dear Sir’s,
This is regarding Anti-Dumping Duty on import of Para-Xylene into Brazil falling under HS code 2902.43.00 and originating from India.
The Council has been informed by the Consul General of India, Sao Paulo (Brazil) that the Chamber of Foreign Trade (CAMEX), Brazil has reduced the Anti-Dumping Duty on Para-Xylene from 4% to NIL duty. This exemption has been notified vide CAMEX resolution no. 112 dated 21st Nov. 2014.
This measure applies for a quota of 80,000 tones and for a period of six months.
Further, we understand that the exemption of ADD has been effected to meet the growing demand of the Brazilian industry, as domestic production of para-xylene is insufficient to supply the domestic market.
Relevant members are requested to take advantage of this development to boost exports to Brazil.
Yours faithfully,
(S.G. Bharadi)
Acting Executive Director
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