Government May Impose Anti-Dumping Duty On Chinese Ceramic Rollers
The government may impose anti-dumping duty of up to $782 per tonne for five years on Chinese ceramic rollers, used in tiles industry, to provide a level playing field and guard domestic players from below-cost imports.
The commerce ministry's investigation arm, Directorate General of Anti-dumping and Allied Duties, in its final findings of probe has stated that dumping of the product has caused material injury to the domestic industry.
The authority is of the view that imposition of anti-dumping duty is required to offset dumping and injury, it said in a notification.
The directorate "recommends imposition of anti-dumping duty" for a period of five years "to address the injury to the domestic industry", it added.
Also Read: Government Halves Import Duty On LCD/LED TV Panels To 5%
The recommended duty ranges between $223.74 and $782.25 per tonne. The decision to finally impose the duty was taken by the finance ministry.
Futura Ceramics Ltd. had filed the application for initiation of the anti-dumping investigation.
Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in below-cost imports.
As a counter measure, they impose duties under the multilateral regime of WTO.
The duty is also aimed at ensuring fair trading practises and creating a level-playing field for domestic producers with regard to foreign producers and exporters.
India has already imposed anti-dumping duty on several products from countries including China.
Also Read: U.S. Launches WTO Challenge Against Almost All Of India's Export Subsidies
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