Imports of Saturated Fatty Alcohols - Safeguard duty recommended
THE Domestic Industry has filed an application for imposition of Safeguard Duty on imports of Saturated Fatty Alcohols with carbon chain length of C8,C10,C12,C14,C16, and C18 including single, blends and unblended ( Not including branched isomers) which includes blends a combination of carbon chain lengths, C12-C14, C12-C16, C12-C18,C16-18 and C14-C16 (commonly categorized as C12-C14).
The DG, Safeguards found that in the present case that critical circumstances are in existence and therefore interim measures are imperative in view of the steep deterioration in performance of the domestic industry as a result of sudden and steep increase imports of the product under consideration. Therefore, if there is any delay in imposition of provisional safeguard duty, it would cause irreparable damage to the domestic Industry. Accordingly, immediate imposition of provisional safeguard duty, pending final determination of serious injury and threat of serious injury is warranted in this case.
He has recommended a 20% safeguard duty.