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PG Paper Company urges Govt not to impose anti dumping duty on coated paper

Press Trust of India  |  New Delhi 

UK-based today urged the government not to impose anti-duty on coated paper.

Imposition of the duty would impact American and European to that are producing the product in an environmentally friendly way, the company said.

Coated paper is primarily used for of magazines, catalogues, books and manuals, calendars, brochures, labels and flexible packaging.

"It seems unfair to punish the manufactures by imposing a further levy on top of the 10 per cent import duty that is already in place on coated papers. Lightweight coated paper is currently not manufactured in at all and is no threat to the local manufacturing industry," Poonam Gupta, the of PG Paper Company, said in a statement.

She also said that the paper industry competes on natural resources like water and forestry which is already scarce in

The company would be soon be writing to and requesting not to impose any restrictive duty on the imports of coated paper from the US and

The of Anti-and Allied Duties (DGAD), under the commerce ministry, is undertaking an anti- investigation on imports of coated paper from China, the EU and the US to protect domestic industry from cheap imports.

Gupta said that Indian is growing at a fast pace and environmentally sustainable growth in the paper industry would further boost the country's economic growth.

Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.

As a counter measure, they impose duties under the multilateral regime of WTO.

The duty is aimed at ensuring fair trading practises and creating a level-playing field for domestic producers with regard to 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, March 12 2018. 17:05 IST