India probing 'dumping' of ceramic rollers from China

Image
Press Trust of India New Delhi
Last Updated : Apr 21 2017 | 6:32 PM IST
The commerce ministry has started a probe into alleged dumping of ceramic rollers from China following a complaint by a domestic company.
The ministry's investigative arm - the Directorate General of Anti-dumping and Allied Duties (DGAD) - has found "sufficient" evidence of dumping of the product from the neighbouring country.
Futura Ceramics has filed an application before the DGAD for initiation of anti-dumping probe and imposition of duty on the imports as a counter-measure for cheap Chinese imports.
If established that the dumping has caused material injury to domestic players, the DGAD would recommend imposition of anti-dumping duty. After considering these recommendations, the finance ministry imposes it.
"The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry," the DGAD has said in a notification.
Ceramic rollers, also known as ceramic pipes or tubes in market parlance, are used in several sectors, including transportation of tiles and stainless steel.
Anti-dumping duties are levied to provide a level-playing field to the local industry by guarding against cheap below- cost imports.
Also on the probe radar are certain chemicals and steel products from the neighbouring country.
India is one of the most attractive markets for global producers due to its large population. Imposition of anti- dumping duty is permissible under the World Trade Organisation (WTO) framework. Both India and China are members of the Geneva-based body.
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.

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: Apr 21 2017 | 6:32 PM IST

Next Story