Anti-dumping duty on 93 products from China: Nirmala

Image
Press Trust of India New Delhi
Last Updated : Aug 09 2017 | 5:22 PM IST
The government today said anti- dumping duty is in force on 93 products including chemicals and machinery items imported from China.
The other Chinese products on which India has imposed this duty include steel and other metals; fibres and yarn; rubber or plastic; electric and electronics; and consumer goods.
"Anti-dumping duty is in force on 93 products concerning imports from China," Commerce and Industry Minister Nirmala Sitharaman said in a written reply to Rajya Sabha.
In addition, 40 cases concerning imports from China have been initiated by the Directorate General of Anti-Dumping & Allied Duties, she said.
Countries impose anti-dumping duties to guard domestic industry from surge in below-cost imports.
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.
In a separate reply, she said India's imports from China in 2016-17 have marginally dipped to USD 61.28 billion as compared to USD 61.7 billion in 2015-16.
India's exports to China include iron ore, cotton yarn, petroleum products, copper and chemicals, while imports include telecom instruments, electronic components, computer hardware, industrial machinery and chemicals.

Disclaimer: No Business Standard Journalist was involved in creation of this content

*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: Aug 09 2017 | 5:22 PM IST

Next Story