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HomeBusinessIndia imposed anti-dumping duty on 5 Chinese products for 5 years, know details - Top News Bulletin

India imposed anti-dumping duty on 5 Chinese products for 5 years, know details – Top News Bulletin


India has imposed anti-dumping duty on five Chinese goods for five years. These items include isopropyl alcohol, sulfur black, cellophane transparent film, thermoplastic polyurethane, frameless glass mirror. According to PTI news, India has taken this step to protect domestic players from cheap imports from China. According to PTI news, these duties were imposed because the above mentioned goods were exported from China to India at lower than normal prices. According to the news, the government has imposed duty of US$82 per tonne and US$217 per tonne on various Chinese firms on isopropyl alcohol, which has medical and industrial uses. It is also used as an antiseptic and hand sanitizer for skin and instrumentation. A duty of up to US$389 per tonne has been imposed on imports of sulfur black, which totaled US$4.3 million in 2023-24. It is used for dyeing cloth, paper and leather.

How much will be the anti-dumping duty?

Similarly, imports of thermoplastic polyurethane, which is used in the automotive, medical and electronics industries, will now attract anti-dumping duty ranging from US$0.93 per kg to US$1.58 per kg. Anti-dumping duty on cellophane transparent film used as packing material has been set at US$ 1.34 per kg. In 2023-24, the total import of the product was about US$60 million. Anti-dumping duty of US$234 per tonne has been imposed on frameless glass mirrors.

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Dumping investigation started

These charges have been imposed after recommendations were made by DGTR, the investigation arm of the Commerce Ministry. Earlier this month, the DGTR initiated a probe into alleged dumping of six products, including certain chemicals, cold rolled electrical steel and black toner powder cartridges, imported from China following separate complaints from domestic players. Directorate General of Trade Remedies (DGTR) 1,1,1,2-Tetrafluoroethane or R-134A from China; acrylonitrile butadiene rubber; some antioxidants; Polytetrafluoroethylene; Black Toner Powder Cartridge; and investigating dumping of cold rolled non-oriented electrical steel.

The applicants have made these allegations

According to six separate notifications, the applicants have alleged that the domestic industry is suffering material injury as a result of dumping of these products imported into or exported from China to India. He has requested for imposition of anti-dumping duty on these imports in order to protect against cheap imports. If it is established that these dumplings have caused material injury to domestic players, the DGTR recommends imposition of anti-dumping duties. The Finance Ministry takes the final decision on imposing these charges.



Image Credit: India-Tv.

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