The Directorate General of Trade Remedies (DGTR), under the Ministry of Commerce, made this recommendation to protect domestic producers from cheap imports.According to DGTR’s final findings, Chinese companies exported the product to India below its normal value, resulting in dumping. The proposed duty varies by company, with some Chinese firms recommended to face USD 223.82 per ton, while others may be subject to USD 414.92 per ton.
In its notification, DGTR stated, “The authority proposes the imposition of anti-dumping duties for a period of five years.” The final decision on implementing the duty will be made by the Ministry of Finance.
Anti-dumping investigations are conducted to determine whether increased imports at low prices harm domestic industries. These duties are applied as countermeasures under the multilateral regime of the World Trade Organization (WTO).
India applies anti-dumping duties on various products to curb cheap imports from China and other countries. The country has an estimated trade deficit of around USD 100 billion with China.
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