Govt orders probe into digital plate imports

Image
Press Trust of India New Delhi
Last Updated : Jan 20 2013 | 10:13 PM IST

The government has initiated a probe into alleged dumping of digital plates, used in the printing industry, from Japan and China to protect domestic players from cheap imports.

Acting on an application of domestic producers on the alleged dumping of 'Digital Offset Printing Plates' from Japan and China, the Directorate General of Anti-dumping and Allied Duties (DGAD) has initiated the probe.

The DGAD, an arm of Commerce Ministry, said that sufficient evidences of dumping of the product from these countries are present to justify initiation of an anti-dumping investigation.

"The authority hereby initiates an investigation into the alleged dumping and consequent injury to the domestic industry ... To determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty, which if levied would be adequate to remove injury to the domestic industry," it said.

The period of investigation is April 2010 to March 2011 (12 months), it said, adding it would also cover the periods 2007-08, 2008-09, 2009-10 and 2010-11.

India has already slapped anti-dumping duty on several items such as yarn, fabrics, some of the stainless steel products and chemicals imported from China.

Anti-dumping duty is recommended by the Commerce Ministry, while the Finance Ministry imposes the same.

Unlike safeguard duties, which are levied in a uniform way, anti-dumping duties vary from product to product and from country to country.

Countries initiate anti-dumping probes to check if domestic industry has been hurt because of a surge in cheap imports. As a counter measure, they impose duties under the multilateral WTO regime.

*Subscribe to Business Standard digital and get complimentary access to The New York Times

Smart Quarterly

₹900

3 Months

₹300/Month

SAVE 25%

Smart Essential

₹2,700

1 Year

₹225/Month

SAVE 46%
*Complimentary New York Times access for the 2nd year will be given after 12 months

Super Saver

₹3,900

2 Years

₹162/Month

Subscribe

Renews automatically, cancel anytime

Here’s what’s included in our digital subscription plans

Exclusive premium stories online

  • Over 30 premium stories daily, handpicked by our editors

Complimentary Access to The New York Times

  • News, Games, Cooking, Audio, Wirecutter & The Athletic

Business Standard Epaper

  • Digital replica of our daily newspaper — with options to read, save, and share

Curated Newsletters

  • Insights on markets, finance, politics, tech, and more delivered to your inbox

Market Analysis & Investment Insights

  • In-depth market analysis & insights with access to The Smart Investor

Archives

  • Repository of articles and publications dating back to 1997

Ad-free Reading

  • Uninterrupted reading experience with no advertisements

Seamless Access Across All Devices

  • Access Business Standard across devices — mobile, tablet, or PC, via web or app

More From This Section

First Published: Jun 16 2011 | 1:59 PM IST

Next Story