New Delhi: India has imposed anti-dumping duty on five Chinese products, including some aluminum items and some chemicals, for five years to protect local manufacturers from cheap imports from the neighboring country.
As per separate notification of Central Board of Indirect Taxes and Customs (CBIC), duty imposed on certain flat rolled aluminum products; sodium hydrosulfite (used in the dye industry); silicone sealant (used in the manufacture of solar photovoltaic modules and thermal power applications); hydrofluorocarbons (HFC) component R-32; and hydrofluorocarbon mixtures (both have uses in the refrigeration industry).
These charges were imposed following the recommendations of the Directorate General of Trade Remedies (DGTR), the investigation arm of the commerce ministry.
DGTR in separate investigations has concluded that these products have been exported to Indian markets at below normal value, resulting in dumping.
DGTR has stated that the domestic industry has suffered material injury due to dumping.
“The anti-dumping duty levied under this notification (on silicone sealant) shall be levied for a period of five years from the date of publication of this notification in the Official Gazette (unless revoked, amended or amended earlier). is not done) and shall be payable in Indian currency,” the CBIC has said.
CBIC has also imposed duty on a vehicle component – axle for trailers in CKD/SKD (full and semi-knocked down) to protect domestic manufacturers from cheap Chinese imports.
Similarly, it has also imposed duty for five years on imports of calcined gypsum powder from Iran, Oman, Saudi Arabia and the United Arab Emirates (UAE).
While the DGTR recommends the levy of duty, the finance ministry implements it.
Countries initiate anti-dumping investigations to determine whether the domestic industry has suffered from an increase in imports below costs. As a counter-measure, they impose tariffs under the multilateral in that Administration.
Anti-dumping measures are taken to ensure fair trade and provide equal opportunities to the domestic industry. Both India and China are members of the Geneva-based world trade organization (in that).
India has initiated maximum anti-dumping cases against dumped imports from China.
India’s exports to China stood at $12.26 billion, while imports stood at $42.33 billion during the April-September 2021 period, leaving a trade deficit of $30.07 billion.
As per separate notification of Central Board of Indirect Taxes and Customs (CBIC), duty imposed on certain flat rolled aluminum products; sodium hydrosulfite (used in the dye industry); silicone sealant (used in the manufacture of solar photovoltaic modules and thermal power applications); hydrofluorocarbons (HFC) component R-32; and hydrofluorocarbon mixtures (both have uses in the refrigeration industry).
These charges were imposed following the recommendations of the Directorate General of Trade Remedies (DGTR), the investigation arm of the commerce ministry.
DGTR in separate investigations has concluded that these products have been exported to Indian markets at below normal value, resulting in dumping.
DGTR has stated that the domestic industry has suffered material injury due to dumping.
“The anti-dumping duty levied under this notification (on silicone sealant) shall be levied for a period of five years from the date of publication of this notification in the Official Gazette (unless revoked, amended or amended earlier). is not done) and shall be payable in Indian currency,” the CBIC has said.
CBIC has also imposed duty on a vehicle component – axle for trailers in CKD/SKD (full and semi-knocked down) to protect domestic manufacturers from cheap Chinese imports.
Similarly, it has also imposed duty for five years on imports of calcined gypsum powder from Iran, Oman, Saudi Arabia and the United Arab Emirates (UAE).
While the DGTR recommends the levy of duty, the finance ministry implements it.
Countries initiate anti-dumping investigations to determine whether the domestic industry has suffered from an increase in imports below costs. As a counter-measure, they impose tariffs under the multilateral in that Administration.
Anti-dumping measures are taken to ensure fair trade and provide equal opportunities to the domestic industry. Both India and China are members of the Geneva-based world trade organization (in that).
India has initiated maximum anti-dumping cases against dumped imports from China.
India’s exports to China stood at $12.26 billion, while imports stood at $42.33 billion during the April-September 2021 period, leaving a trade deficit of $30.07 billion.
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