Anti-dumping duty News

The move is aimed at guarding domestic manufacturers of 'Methylene Chloride' from cheap imports from the European Union (EU) and the US.

In its probe, the directorate has concluded that the dumping of this chemical has impacted the domestic industry.

The duty aims to ensure fair trading practices and creating a level-playing field for domestic producers with regard to foreign producers and exporters.

India has extended anti-dumping duty on import of certain steel products from China for five years with an aim to protect domestic players from the cheap shipments.

Asserting that the steel sector has started "stabilising", Steel Minister Chaudhary Birendra Singh on Sunday said the industry must gear up to face global competition as protectionist measures like minimum import price (MIP) and anti-dumping can not continue indefinitely.

India has slapped anti-dumping duty on certain cold-rolled flat steel products from four nations including China and South Korea to guard domestic industry from cheap imports.

 Anti-dumping duty of USD 0.277- 0.404 per kilogram has been imposed on a compound, used in the pharmaceutical industry, imported from the US and China to protect domestic makers from cheap shipments.

The bilateral consultation process between India and Taiwan on the issue of Chinese Taipei dragging India to WTO for imposing anti-dumping duty on its exports of pen drives has been completed.

India on Friday imposed anti-dumping duty of up to 57.39 percent on import of certain stainless steel products from China, Korea, the US and EU for five years to save the domestic industry from cheap shipments.

Government may extend anti-dumping duty of up to 57.39 percent on certain steel products imported from China, Korea and four other countries, and also from the EU to protect domestic industry from cheap shipments.

The Finance Ministry imposed the duty on Acetone imports based on recommendations of the Directorate General of Anti-Dumping Duty (DGAD) for five years.

The European Union will impose anti-dumping duties from Thursday on imports of cold-rolled flat stainless steel from China and Taiwan, according to a notice on Wednesday in the EU`s Official Journal.

Anti-dumping duty is levied on distrustfully low-priced imports, so as to protect the domestic manufacturers.

India has decided not to impose anti-dumping duty on imports of solar panels from countries like the US and China, Commerce Minister Nirmala Sitharaman said on Wednesday.

In 2013, imports of steel threaded rod from India were valued at an estimated USD 19 million.

India's solar mission aims to add 20,000 MW of grid-connected solar capacity by 2022.