The commerce ministry has advisable an anti-dumping duty of as much as USD 243 per tonne of import of Chinese glass utilized in dwelling home equipment with a view to protect home gamers from low-cost inbound shipments from the neighbouring nation. The finance ministry will take a remaining determination on imposing the duty.
Following a grievance by a home participant, the commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) has investigated alleged dumping of ‘toughened glass for dwelling home equipment having thickness between 1.8 MM to eight MM and space of 0.4 SqM or much less’ originating in or exported from China. Federation of Safety Glass, an affiliation of security/speciality glass processors, had filed an utility to provoke the anti-dumping investigation. The applicant has alleged that dumping of the product is impacting home industries.
In its findings after concluding the probe, the DGTR stated that the product was exported to India at a value which is beneath the traditional stage and that has resulted in dumping which has impacted home makers. “Accordingly, the authority recommends imposition of definitive anti-dumping duty on the imports …for a period of five years,” in keeping with the DGTR notification.
The advisable duty ranges between USD 41.8 per tonne and USD 243 per tonne. Anti-dumping probes are carried out by international locations to find out whether or not home industries have been damage as a result of of a surge in low-cost imports. As a countermeasure, they impose these duties beneath the multilateral regime of the Geneva-based World Trade Organization (WTO). The duty is aimed toward guaranteeing honest buying and selling practices and making a level-playing discipline for home producers vis-a-vis international producers and exporters. India has already imposed anti-dumping duty on a number of merchandise to deal with low-cost imports from numerous international locations, together with China.
