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No material injury from alleged dumping of sodium dichromate: DGAD

Press Trust of India  |  New Delhi 

The Commerce Ministry's investigation arm DGAD has not recommended an anti-duty on sodium dichromate, used in the pharma sector, from Russia, South Africa, and as the domestic industry has not suffered material injury due to its import.

The of Anti-and Allied Duties (DGAD) has stated that causal link between imports from these four countries and injury to the domestic industry is not conclusively established.

"The authority does not consider it appropriate to recommend levy of anti-duty on the imports...and hereby terminates this investigation," the DGAD said in a notification.

had filed an application for investigation into dumping of from the countries in question.

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

The is also used in finishing industries, anti-corrosive applications, water treatment chemicals, pigments and paints.

is one of the most attractive markets for global producers, given its large middle class population.

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: Mon, June 11 2018. 13:20 IST