Directorate General of Trade Remedies – Artifex.News https://artifex.news Stay Connected. Stay Informed. Mon, 01 Apr 2024 18:38:14 +0000 en-US hourly 1 https://wordpress.org/?v=6.5.5 https://artifex.news/wp-content/uploads/2023/08/cropped-Artifex-Round-32x32.png Directorate General of Trade Remedies – Artifex.News https://artifex.news 32 32 India Launches Anti-Dumping Probe On Import Of A Chemical From China, Japan https://artifex.news/india-launches-anti-dumping-probe-on-import-of-a-chemical-from-china-japan-5354565rand29/ Mon, 01 Apr 2024 18:38:14 +0000 https://artifex.news/india-launches-anti-dumping-probe-on-import-of-a-chemical-from-china-japan-5354565rand29/ Read More “India Launches Anti-Dumping Probe On Import Of A Chemical From China, Japan” »

]]>

India has already imposed anti-dumping duty on several products. (Representational)

New Delhi:

India has initiated an anti-dumping probe into the import of a chemical used in the rubber industry from China and Japan following a complaint by a domestic player.

The commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of ‘Insoluble Sulphur’.

Oriental Carbon & Chemicals Ltd has filed an application before the authority to undertake a probe into the alleged dumping of the chemicals coming from these two countries.

According to the DGTR’s notification, the applicant has provided prima facie evidence with respect to the injury suffered by the domestic industry due to the dumped imports.

“The authority hereby initiates an anti-dumping investigation into the alleged dumping and consequent material injury to the domestic industry,” it said.

If it is established that the dumping has caused material injury to domestic players, the DGTR would recommend the imposition of anti-dumping duty on imports.

The finance ministry takes the final decision to impose duties.

Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports.

As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organization (WTO). The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.

India, China and Japan are members of the WTO, which is a 166-member multi-lateral trade body.

India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China

(Except for the headline, this story has not been edited by NDTV staff and is published from a syndicated feed.)



Source link

]]>
India initiates anti-dumping probe into imports of solar glass from China, Vietnam https://artifex.news/article67852609-ece/ Fri, 16 Feb 2024 07:56:45 +0000 https://artifex.news/article67852609-ece/ Read More “India initiates anti-dumping probe into imports of solar glass from China, Vietnam” »

]]>

India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Representational image only.)
| Photo Credit: The Hindu

India has initiated an anti-dumping probe into imports of certain solar glass from China and Vietnam, following a complaint by domestic players.

The Commerce Ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of ‘Textured Tempered Coated and Uncoated Glass’ made or from China and Vietnam.

The product is also known by various names such as solar glass or solar photovoltaic glass in the market parlance. An application has been filed by Borosil Renewables Limited on behalf of the domestic industry for the probe and the imposition of appropriate anti-dumping duty on imports.

“On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of prima facie evidence submitted by the applicant substantiating the dumping and consequent injury to the domestic industry, the authority hereby initiates an anti-dumping investigation into the alleged dumping,” the notification said.

If it is established that the dumping has caused material injury to domestic players, DGTR would recommend the imposition of anti-dumping duty on the imports. The Finance Ministry takes the final decision to impose duties.

There is sufficient evidence that the product is being dumped in the domestic market of India by the exporters from these two countries.

Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organisation (WTO).

The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.



Source link

]]>