Anti-dumping duty extended on gypsum plaster boards for 1 year
Anti-dumping duty of up to $73.8 per cubic meter was imposed till June 7 this year
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The government has extended an anti-dumping duty on imports of gypsum plaster boards from China, Indonesia, Thailand and UAE to protect domestic players.
Saint-Gobain India Pvt Ltd had sought an extension of the duty on the imports of the boards from these four countries.
In April 2013, the anti-dumping duty of up to $73.8 per cubic meter was imposed till June 7 this year.
"...Unless revoked earlier, (the duty) shall remain in force up to and inclusive of the 6 June 2018," the Finance Ministry has said in a notification.
Countries impose anti-dumping duties to guard domestic industry against the surge in below-cost imports.
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India has also imposed similar duties on several other products including steel, fabrics and chemicals being exported by different countries here like China.
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 the cost of products.
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First Published: Jun 08 2017 | 8:14 PM IST
