Indian government probing dumping of chemical from 4 countries

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

PTI April 26, 2017 13:49:12 IST
Indian government probing dumping of chemical from 4 countries

New Delhi: The government has initiated a probe on alleged dumping of a chemical used in pharmaceutical and agriculture sector from Indonesia, Malaysia, Thailand and Saudi Arabia.

Indian government probing dumping of chemical from 4 countries

Representational image. Getty Images

The commerce ministry's investigation arm -- Directorate General of Anti-dumping and Allied Duties (DGAD) -- has found "sufficient evidence" of dumping of saturated fatty alcohols from these four countries.

If established in its probe that dumping has caused material injury to domestic players, the DGAD would recommend imposition of anti-dumping duty to the finance ministry which will then take a call on whether to impose the duty or not.

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

The authority "hereby initiates an investigation into the alleged dumping," the DGAD said in a notification.

Saturated fatty alcohols are mainly used for manufacturing of personal and home care products besides pharmaceutical and agriculture related items.

The DGAD is also probing dumping of several other products including certain chemicals, fibres and steel from different countries.

Countries initiate anti-dumping probes to determine if the domestic industry has been hurt by a surge in below-cost imports. As a counter-measure, they impose duties under the multi-lateral WTO regime.

Updated Date:

also read

Trade violation: Huawei, ZTE accused of dumping products in EU
Economy

Trade violation: Huawei, ZTE accused of dumping products in EU

European Union Trade Commissioner Karel De Gucht said he was prepared to launch a formal investigation into anti-competitive behavior by these Chinese companies in order to protect a "strategic" sector of Europe's economy.

India probes alleged dumping of stainless steel flat-rolled products from 15 nations
Business

India probes alleged dumping of stainless steel flat-rolled products from 15 nations

India has initiated a probe into alleged dumping of flat-rolled products of stainless steel from 15 countries including China, the US and Japan following complaints by domestic players

India may impose anti-dumping duty on import of Chinese chemical used in detergent industry to guard domestic manufacturers
Business

India may impose anti-dumping duty on import of Chinese chemical used in detergent industry to guard domestic manufacturers

The commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR), after concluding its probe, has recommended the duty on imports of 'Zeolite 4A (Detergent Grade)' imported from China.