India: Dumping duty on chemicals import from China proposed

16/01/2011 12:00 - 439 Views

NEW DELHI: The government is considering imposing anti-dumping duty of up to $236 per tonne on imports of a chemical, used in bricks, tiles and ceramics, to protect domestic industry from cheap Chinese shipments.

The Directorate General of Anti-Dumping and Allied Duties (DGAD) - the nodal agency under the commerce ministry - has concluded in its findings that ‘Barium Carbonate’ is exported by China to India below its normal value. ”...the Authority (DGAD) is of t he view that imposition of definitive duty is required to offset the dumping and injury...,” DGAD said. The duty would range between $236 and $76 per tonne, it said.

Acting on complaints from the domestic industry, DGAD had initiated probe into the dumping of the chemical from China which increased to 25,513 tonne in 2008-09 from 13,539 tonne in the previous fiscal.

Countries initiate anti-dumping probe to check if their domestic industries have been hurt because of a surge in cheap imports. As a counter measure, they impose duties within the multilateral regime of the WTO. – PTI

Wednesday, January 12, 2011
Source: thehindubusinessline.com