India has imposed anti-dumping duty on a certain type of glass from Iran and also Chinese aluminium radiators to protect domestic industry from cheap imports.
While an anti-dumping duty of up to USD 55.59 per tonne was imposed on clear float glass, USD 22.89 was slapped on imports of aluminium radiators.
The duty on both the products would be effective for a period of five years, the finance ministry has said in a notification.
Clear float glass is used in construction, refrigeration, mirror and solar energy industries. The product is a superior quality of glass.
The commerce ministry's investigation arm -- Directorate General of Anti dumping and Allied Duties (DGAD) -- in the separate probe had concluded that these products were dumped into India and it has caused material injury to the domestic industry.
Three companies including Saint-Gobain India had filed the application for dumping probe of this product. There are two other producers of this glass in the country - Asahi India Glass Ltd and Gujarat Guardian, the DGAD had said.
Gujarat Borosil Ltd also makes finest quality sheet glass in the country.
Similarly, Banco Products (India) had filed the application for dumping probe of aluminium radiators from China.
Countries initiate anti-dumping probe to determine if the domestic industry has been hurt by flooding of below-cost import. As a counter-measure, they come up with duties under the multi-lateral WTO regime.
Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.
They are not a measure to restrict import or cause an unjustified increase in cost of products.
(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)