The Commerce Ministry's arm DGTR has initiated an anti-dumping probe into an import of a Chinese rubber, used mainly in the auto industry, following a complaint by a domestic manufacturer. The applicant has alleged that the dumping of - Halo Isobuten and Isoprene Rubber - is impacting the domestic industry. The applicant - Reliance Sibur Elastomers - has requested for the imposition of anti-dumping duty on the imports from China, the Directorate General of Trade Remedies (DGTR) said in a notification. "On the basis of the duly substantiated application filed by the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted, substantiating dumping of the product under consideration from the subject countries, injury to the domestic industry and a causal link between such dumping and injury...the authority, hereby, initiates an investigation," it said. If it is established that the dumping has caused material injury to the domestic player, the
China has announced provisional anti-dumping duties on EU pork, ranging from 15.6 per cent to 62.4 per cent, hitting major exporters like Spain, Denmark, and the Netherlands
China on Friday imposed anti-dumping duties on European brandy, most notably cognac produced in France, as trade tensions between Beijing and United States allies continue to rise. The tariffs, effective on Saturday, will range from 27.7 per cent to 34.9 per cent, China's Commerce Ministry said. They are to be in place for five years and will not be applied retroactively. The announcement came during a European visit by Chinese Foreign Minister Wang Yi aimed at ironing out trade differences. Wang was set to visit Paris after stops in Brussels and Berlin. The anti-dumping duties are the result of a probe China launched last year into European cognac, after the European Union undertook a probe into Chinese electric vehicles subsidies. The investigative authority finally ruled that the dumping of related imported brandy from the EU has existed, read a statement by China's Commerce Ministry. The domestic brandy industry faces a material threat of damage, and there is a causal relations
Following investigation by the Directorate General of Trade Remedies, the Centre has imposed anti-dumping duties ranging from 27% to 63% on plastic processing machinery from China and Taiwan
Domestic players allege unfair trade by Chinese suppliers like Wankai, urging DGTR to tighten anti-dumping actions to protect India's petrochemical sector
The commerce ministry's investigation arm DGTR has recommended anti-dumping duty of up to USD 20.87 per kilogram on import of a certain kind of vitamin, used for animal consumption, from China, the European Union and Switzerland for five years. The Directorate General of Trade Remedies (DGTR) in its findings has concluded that imports of 'Vitamin A Palmitate' have significantly increased in absolute terms. Due to the dumping, the performance of domestic industry in terms of profit, cash profits and ROCE (Return on Capital Employed) has been adversely affected. "The authority recommends imposition of anti-dumping duty on the imports...for a period of five years," it said. The recommended duty ranges between USD 0.87-20.87 per kg. The finance ministry will take the final decision to impose the duty. Piramal Pharma Ltd had filed a petition before the DGTR for imposition of the duty on the imports. Anti-dumping probes are conducted by countries to determine whether domestic industrie
Nomura has set a target price of Rs 1,220 and Rs 1,080 for JSW Steel and JSPL, respectively.
India has imposed an anti-dumping duty of up to USD 557 per tonne on a chemical used mainly in the adhesive industry from China, Korea, and Thailand for five years to guard domestic players from cheap imports from these nations. The duty was imposed as the chemical - Epichlorohydrin - was exported to India from these countries at below-normal prices. "The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)...," the department of revenue said in a notification. The levy is imposed following recommendations for the same by the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR). Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of Geneva-based World Trade Organization (WTO). The duty is aimed at ensuri
The applicants have requested for retrospective imposition of the anti-dumping duty
According to a WTO report, India saw a notable reduction in average tariffs to 17 per cent from 18.1 per cent in 2022, while increasing the use of non-tariff measures
The commerce ministry's investigation arm DGTR has initiated a probe to review the need to continue the anti-dumping duty on aluminium alloy wheels imported from China, following complaints from the domestic industry. Kosei Minda Aluminium Company, Maxion Wheels Aluminium India, Minda Kosei Aluminium Wheel, and Steel Strips Wheels have filed an application on behalf of the domestic industry for initiation of sunset review investigation for continued imposition of anti-dumping duty levied on imports of 'aluminium alloy road wheel' exported from China. DGTR in a notification has said the applicants have submitted prima facie evidence of dumping of the product from China in spite of the existing anti-dumping duties. "The authority hereby initiates sunset review investigation to examine whether the expiry of existing anti-dumping duties against China is likely to lead to continuation or recurrence of dumping and consequent injury to the domestic industry," the notification said. As per
The commerce ministry's arm Directorate General of Trade Remedies (DGTR) has recommended an anti-dumping duty of up to 82 per cent on imports of wheel loaders from China for five years to protect domestic players. The product is a commonly used machinery in infrastructure and mining sectors. The recommendation came after a year-long investigation into the complaints of injury by domestic manufacturers of this product. According to a DGTR notification: "The Authority recommends imposition of definitive anti-dumping duties... so as to remove the injury to the domestic industry". It has concluded in its probe that the imports are coming at prices below the domestic sales price, injuring the domestic industry. The anti-dumping duty, when notified by the Department of Revenue, will be imposed on 'wheel loaders' of less than 7,000 kg capacity and even on imports of semi-knocked-down kits. Completely knocked-down kits have been excluded from the duties as this could end up with anti-dum
Late on Monday, the Indian government imposed an anti-dumping duty on steel wheels used in tyres, from China, in a bid to crack down on predatory pricing
India on Monday imposed an anti-dumping duty on some Chinese steel for five years, according to a government notification
The commerce ministry has recommended anti-dumping duty of up to USD 243 per tonne of import of Chinese glass used in home appliances with a view to guard domestic players from cheap inbound shipments from the neighbouring country. The finance ministry will take a final decision on imposing the duty. Following a complaint by a domestic player, the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) has investigated alleged dumping of 'toughened glass for home appliances having thickness between 1.8 MM to 8 MM and area of 0.4 SqM or less' originating in or exported from China. Federation of Safety Glass, an association of safety/speciality glass processors, had filed an application to initiate the anti-dumping investigation. The applicant has alleged that dumping of the product is impacting domestic industries. In its findings after concluding the probe, the DGTR said that the product was exported to India at a price which is below the normal level an
An association of producers and suppliers of metallurgical coke has sought imposition of a 30 per cent anti-dumping duty on met coke to protect the local industry from cheap imports. The Indian Metallurgical Coke Manufacturers Association (IMCOM) stated that there is a dire need to protect the domestic industry with adequate policy measures as India is turning out to be a dumping ground for imported met coke. "Rather, anti-dumping duties should be applicable to all countries irrespective of FTAs, which will help protect domestic manufacturers," IMCOM said in a statement. The move will protect the domestic industry and give a fillip to the government's vision of a 'self-reliant' India, the association stated. The merchant coke industry majorly caters to foundries, ferroalloys and the chemical sector among others. Though the merchant coke capacity in the country is around seven million tonnes, the current capacity utilisation is only around 30 per cent, and this is mainly due to ...
The government has decided not to impose anti-dumping duty on Chinese metal cutter wheels as the finance ministry has not accepted the recommendations of the Directorate General of Trade Remedies (DGTR) for imposing the levy. The commerce ministry's investigation arm DGTR had conducted a probe into the alleged dumping of "Resin Bonded Thin Wheels" from China, and in September it recommended the imposition of the duty. The product is used in various sectors ranging from welding, cutting, foundry to primary metal markets for nagging and cutting ferrous and non-ferrous materials. "The central government, after considering the final findings of the designated authority (DGTR), has decided not to accept the ... recommendations," an office memorandum of the Department of Revenue said. While the Directorate General of Trade Remedies (DGTR) recommends the duty, the Department of Revenue takes the final decision to impose it. In international trade parlance, dumping happens when a country
India will not impose anti-dumping duty on a Chinese chemical used in pharma industry as the finance ministry has not accepted the recommendations of DGTR for imposing the levy. The commerce ministry's investigation arm DGTR had conducted a probe into the alleged dumping of "(4R-Cis)-1-1-Dimethylethyl-6-cyanomethyl-2, 2-dimethyl-1, 3-dioxane-4-acetate" from China, and in August it recommended the imposition of the duty. "The central government, after considering the final findings of the designated authority (DGTR), has decided not to accept the ... recommendations," a memorandum of Department of Revenue said. While Directorate General of Trade Remedies (DGTR) recommends the duty, Department of Revenue takes the final decision to impose it. This chemical is also known as ATS-8, which is a key raw material for manufacturing Atorvastatin active pharmaceutical ingredient. In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than
The government has decided not to extend the anti-dumping duty imposed on ammonium nitrate imported from Russia, Iran and Georgia. The finance ministry has not accepted the recommendations of the directorate general of trade remedies (DGTR). The commerce ministry's investigation arm DGTR had conducted a probe to review the need for continuing imposition of anti-dumping duty on the product imported from these countries, following a complaint from the domestic industry. In June, the directorate recommended an extension of the duty on imports for two more years. "...the central government after considering the final findings of the designated authority (DGTR) has decided not to accept the recommendations," the department of revenue has said in an office memorandum. Smartchem Technologies Ltd had filed an application before the Directorate General of Trade Remedies for initiation of a sunset review investigation, concerning imports of ammonium nitrate originating in or exported from .
The commerce ministry has recommended the continuation of anti-dumping duty on Chinese aluminium foil, used in food and pharma sectors, for five years to guard domestic players from cheap imports.