India imposes anti-dumping duty on flexible slabstock polyol imports from Saudi Arabia, UAE for 5 years
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Synopsis
The Central Board of Indirect Taxes and Customs issued a notification to the effect on Monday, following recommendations of the Directorate General of Trade Remedies which suggested imposition of definitive anti-dumping duty on imports, in order to remove injury to the domestic industry.
ET Bureau
India has imposed anti-dumping duty on imports of flexible slabstock polyol originating in or exported from Saudi Arabia and United Arab Emirates, ranging between $101.8 and $235.02 per metric tonne, for a period of five years.
The Central Board of Indirect Taxes and Customs issued a notification to the effect on Monday, following recommendations of the Directorate General of Trade Remedies which suggested imposition of definitive anti-dumping duty on imports, in order to remove injury to the domestic industry.
India begins anti-dumping probe into plastic processing machine imports from China
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India has begun an anti-dumping investigation on imports of plastic processing machines imported from China on the basis of a complaint filed by the Plastics Machinery Manufacturers Association of India to the Directorate General of Trade Remedies (DGTR) alleging that dumping is causing injury to the domestic industry.
Agencies
India has begun an anti-dumping investigation on imports of plastic processing machines imported from China on the basis of a complaint filed by the Plastics Machinery Manufacturers Association of India to the Directorate General of Trade Remedies (DGTR) alleging that dumping is causing injury to the domestic industry.
Anti-dumping duties, countervailing duties altered to put brakes on cheap imports
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As per the budget for FY22, with effect from July 1, the final findings in cases of reviewing anti-dumping and countervailing duty are to be issued at least three months before expiry of the duty.
iStock
Budget seeks to amend rules to allow safeguard duty along with a duty in nature of Tariff Rate Quota
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NEW DELHI: In a move to protect the industry from cheap imports, India has introduced changes in the process and levy of anti-dumping duties, countervailing duties and safeguard duties.
As per the budget for FY22, with effect from July 1, the final findings in cases of reviewing anti-dumping and countervailing duty are to be issued at least three months before expiry of the duty. The Directorate General of Trade Remedies under the commerce and industry ministry issues these findings and recommends the duty to the finance ministry, which takes the final call.