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DGAD for retaining antidumping duty on grinding product from China, Thailand

Press Trust of India  |  New Delhi 

Commerce ministry's investigation arm DGAD has recommended that the antidumping duty be retained for five more years on an engineering product used in several industries such as and coal, imported from and

The duty is aimed at guarding domestic makers of the product, called 'grinding media balls', from below cost imports.

In its conclusion after carrying out sunset review investigations, the of Antidumping and Allied Duties (DGAD) stated that the situation of domestic industry is likely to deteriorate if the existing antidumping duties are allowed to cease.

It also said that the goods are likely to enter the Indian market at dumped prices if the antidumping duties in force are removed.

"Having examined the likelihood of and injury to be imminent in case of expiry of the current measure in place, the authority recommends continued imposition of antidumping duty in place...for a period of five years," the DGAD has said in a notification.

The had in July 2012 imposed the duty of up to USD 387.36 per tonne on the imports of the items from and for a period of five years.

Following a complaint by the domestic industry, the DGAD started a sunset review investigation on July 4, 2017.

The product is extensively used in build materials, metal mine, slurry, thermal plant, chemical engineering, ceramic industry and paper making.

Major of Grinding and in their application to the directorate alleged likelihood of continuation or recurrence of of the product from these two countries and requested for sunset review.

The final view for continuation of the duty will be taken by the

Anti-duties are levied to provide a level playing field to the local industry by guarding against cheap below-cost imports.

Imposition of anti-dumping duty is permissible under the (WTO) regime.

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.

(This story has not been edited by Business Standard staff and is auto-generated from a syndicated feed.)

First Published: Wed, June 13 2018. 15:25 IST