Indian Toners & Developers Gains Competitive Edge with Extended Anti-Dumping Duty on Black Toner Imports

The Ministry of Finance has extended the anti-dumping duty on imports of Black Toner in Powder Form from China, Malaysia, and Taiwan for an additional five years, providing a significant boost to Indian Toners & Developers Ltd. (ITDL). This extension, effective from August 11, 2025, to August 10, 2030, follows a Sunset Review Investigation by the Directorate General of Trade Remedies (DGTR).

Key Points of the Extension

• The anti-dumping duty rates remain unchanged, ranging from $1,167.00 to $1,568.00 per metric ton, depending on the country and exporter.
• The extension applies to black toner in powder form, excluding color toner, MICR toner, OEM cartridges, and liquid toner.
• The decision aims to prevent the recurrence of dumping and protect the domestic industry from potential injury.

Impact on Indian Toners & Developers

ITDL, in a filing to the BSE, stated that the extension would make imported black toner costlier, enabling the company to compete more effectively against imports from these countries. The company views this development as a positive step that will help them navigate the competitive landscape more efficiently.

Background of the Anti-Dumping Duty

The original anti-dumping duty was imposed in March 2021 through Notification No. 12/2021-Customs (ADD). The current extension, implemented via Notification No. 26/2025-CUSTOMS(ADD) dated August 4, 2025, supersedes the previous duty imposition.

Market Implications

This extension is expected to have several implications for the black toner market in India:

1. Increased competitiveness for domestic manufacturers
2. Potential price stabilization in the local market
3. Encouragement for further investment in the domestic toner industry

The continuation of the anti-dumping duty underscores the government's commitment to protecting and fostering the growth of the domestic toner industry. For companies like Indian Toners & Developers Ltd., this move provides a more level playing field and opportunities for expansion in the coming years.

Investors and industry watchers will be keen to observe how this extension impacts the financial performance and market position of Indian toner manufacturers, particularly ITDL, in the medium to long term.