India has already imposed anti-dumping obligation on a number of merchandise to sort out low-cost imports from varied nations, together with China. (Representational picture solely.)
| Photo Credit: The Hindu
India has initiated an anti-dumping probe into imports of sure solar glass from China and Vietnam, following a criticism by home gamers.
The Commerce Ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of ‘Textured Tempered Coated and Uncoated Glass’ made or from China and Vietnam.
The product can be recognized by varied names similar to solar glass or solar photovoltaic glass available in the market parlance. An utility has been filed by Borosil Renewables Limited on behalf of the home business for the probe and the imposition of acceptable anti-dumping obligation on imports.
“On the basis of the duly substantiated application by the domestic industry, and having satisfied itself, on the basis of prima facie evidence submitted by the applicant substantiating the dumping and consequent injury to the domestic industry, the authority hereby initiates an anti-dumping investigation into the alleged dumping,” the notification stated.
If it’s established that the dumping has induced materials harm to home gamers, DGTR would suggest the imposition of anti-dumping obligation on the imports. The Finance Ministry takes the ultimate resolution to impose duties.
There is enough proof that the product is being dumped within the home market of India by the exporters from these two nations.
Anti-dumping probes are carried out by nations to find out whether or not home industries have been harm as a result of of a surge in low-cost imports. As a countermeasure, they impose these duties underneath the multilateral regime of the Geneva-based World Trade Organisation (WTO).
The obligation is aimed toward guaranteeing honest buying and selling practices and making a level-playing discipline for home producers vis-a-vis overseas producers and exporters. India has already imposed anti-dumping obligation on a number of merchandise to sort out low-cost imports from varied nations, together with China.
