The Indian government took measures to safeguard the domestic producers from cheap imports from the neighbouring country by imposing anti-dumping duties on five Chinese products, including specific aluminium goods among others.
Under a discrete notification of the Central Board of Indirect Taxes and Customs (CBIC), the duties have been imposed on definite flat-rolled products of aluminium among other products.
However, these duties were imposed following recommendations from the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR). The department in separate probes has accomplished that these products have been exported at a price below normal value in Indian markets that has created dumping.
The DGTR stated: “The domestic industry has suffered material injury due to the dumping.”
Anti-dumping probes are initiated by nations to ascertain that if the domestic industry has been dented by the rise of cheap imports. As a counter-measure, they impose duties under the multilateral WTO regime.
To ensure fair trade and provide a level-playing field to the domestic industry, anti-dumping measures are adopted. However, both Asian giants India and China are members of the Geneva-based World Trade Organisation (WTO). India as a nation has initiated maximum anti-dumping cases against dumped imports from China.
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