Domestic industry has suffered physical damage due to imports dumped from China and Japan to India.
India has imposed an anti -US $ 986 per tonne dumping duty on the chemical used for water treatment to be imported from China and Japan to protect the domestic industry from cheap imports. According to PTI news, this information has been given in a notification issued by the Finance Ministry. This decision has been taken after the recommendations of the Directorate General of Trade Treatment Treatment (DGTR), the investigation branch of the Ministry of Commerce.
Domestic industry suffered material damage
According to the news, under this decision made by India, it has been said to impose a fee on ‘Trichloro isocial acid’. In its recommendations, the Directorate has said that domestic industry has suffered physical damage due to dumped imports from China and Japan to India. The notification stated that the anti -dumping fee imposed will be levied for a period of five years (until it is first canceled, replaced or modified). Both countries are the major trading partners of India. While the Directing Directorate of Treatment alleged the alleged dumping checks and recommends a fee levy, the Finance Ministry takes the final decision to put it within three months of the recommendation.
Anti -dumping check
Countries start anti -dumping investigation to check whether their domestic industries have damaged their domestic industries due to increase in imports at a lower price. As retaliation, they levy fees under the multilateral system of the WTO (World Trade Organization). Anti -dumping measures are taken to ensure fair trade and provide equal opportunities to the domestic industry. This is not a measure to ban imports or an improper increase in the cost of products.
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