Anti Dumping Duty
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Domestic industry for continuation of anti-dumping duty on certain steel items from 3 countries; Govt starts probe
•The Directorate General of Trade Remedies is an arm of the commerce ministry which carries out investigations in case of dumping of goods, a significant increase in imports of a product and increase in imports of subsidised items
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
Union Budget 2019: Customs duty, a major source of govt revenue; helps keep imports under check, protect domestic industries
Fp Research •Customs duty in India comes under the Customs Act 1962 and Customs Tariff Act of 1975.
Commerce ministry recommends $1,633 per tonne anti-dumping duty on Indonesian sweetener
•The commerce ministry has recommended an anti-dumping duty of $1,633.17 per tonne on Saccharin, a kind of sweetener, from Indonesia to guard domestic manufacturers from cheap imports from the Southeast Asian country
India levies anti-dumping duty on solar cell component from four nations
•India has imposed an anti-dumping duty of up to $1,559 per tonne on imports of a certain type of sheet used in solar cell making from China, Malaysia, Saudi Arabia and Thailand for five years to safeguard domestic players against cheap shipments
Govt not to extend anti-dumping duty on Chinese paracetamol; says no proof to establish imports hurt domestic industry
•After concluding its probe, the commerce ministry's investigation arm for dumping of goods DGTR has said that it does not recommend continuation of the anti-dumping duty on the imports of paracetamol from China.
New steel policy with with focus on quality has helped save Rs 5,000 cr, says minister; per capita consumption has gone up
•The country's steel production target is 300 million tonnes by 2030 and it has already reached 84 million tonnes which is 5.5% more in the first nine months
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.
Govt imposes anti-dumping duty for 5 years on nylon filament yarn import from Vietnam, EU
•India has imposed an anti-dumping duty of up to $719 per tonne for five years on import of nylon filament yarn from the European Union (EU) and Vietnam following recommendations by the commerce ministry's investigation arm DGTR.
India may impose up to $4.83 per kg anti-dumping duty on Chinese flax yarn to guard domestic players from cheap imports
•India may impose an anti-dumping duty of up to $4.83 per kg on a certain kind of flax yarn, used in the apparel industry, from China for five years with a view to guard domestic players from cheap imports from the neighbouring country.