India imposes anti-dumping duties on 5 Chinese products for 5 years
India has imposed anti-dumping duties on five Chinese products, including some aluminum products and some chemicals, for five years to protect local manufacturers from cheap imports from the neighboring country.
According to separate notifications from the Central Council of Indirect Taxes and Customs (CBIC), duties have been imposed on certain flat-rolled aluminum products; sodium hydrosulphite (used in the dye industry); silicone sealant (used in the manufacture of photovoltaic solar modules and thermal energy applications); hydrofluorocarbon (HFC) component R-32; and hydrofluorocarbon mixtures (both used in the refrigeration industry).
These duties were imposed following the recommendations of the General Directorate of Trade Remedies (DGTR) of the Ministry of Commerce.
The DGTR, in separate investigations, found that these products had been exported at a price below normal value in Indian markets, resulting in dumping.
The domestic industry has suffered material injury as a result of the dumping, said DGTR.
“The anti-dumping duty imposed under this notification (on silicone sealant) will be levied for a period of five years (unless repealed, replaced or amended earlier) from the date of publication of this notification in the Official Gazette and will be payable in Indian currency, âCBIC said.
The CBIC also imposed a duty on a vehicle component – the CKD / SKD trailer axle (complete and semi-dismantled) to protect domestic manufacturers from cheap Chinese imports.
Likewise, it also imposed taxes on imports of calcined gypsum powder from Iran, Oman, Saudi Arabia and the United Arab Emirates (UAE) for five years.
While the DGTR recommends the collection of the duty, the Ministry of Finance imposes it.
Countries launch anti-dumping investigations to determine whether the domestic industry has been affected by an increase in below-cost imports. As a countermeasure, they impose duties under the multilateral WTO regime.
Anti-dumping measures are taken to ensure fair trade and provide a level playing field for domestic industry. India and China are both members of the Geneva-based World Trade Organization (WTO).
India has initiated maximum anti-dumping proceedings against dumped imports from China.
India’s exports to China during the April-September 2021 period amounted to USD 12.26 billion, while imports totaled USD 42.33 billion, leaving a trade deficit of USD 30.07 billion.
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