New Delhi. There may have been an agreement on the border between China and India, but the dragon keeps on moving its nefarious tricks. In the past, China had announced to create two new counties in Aksai Chin, occupied by China. India lodged a strong protest on this announcement of China. Now India has taken strict action on many China’s products. To prevent the interests of India’s companies and the import of cheap goods from China, the Modi government has imposed an Andy dumping duty on four products of China.
The 4 China products on which the Modi government has decided to impose anti -dumping fee is vacuum flask, aluminum fall, soft ferrite core and trichloro isosyuric acid. This is also a major reason for imposing anti -dumping fees on these four items coming from China, as the neighboring country was sending them to India’s markets at a lower rate than normal rates. The imposition of anti -dumping fee on these four products of China was announced after investigation by the Ministry of Commerce. The Central Board of Indirect Taxes and Customs has issued separate notifications stating that Andy dumping fee will be charged for 5 years on the import of four products of China.
According to the notification, the Modi government has imposed anti -$ 276 per tonne to $ 276 per tonne to $ 986 per tonne on China and Japan. This product is used in water treatment. The soft ferrite core used in electric vehicles, charger and telecom items has a 35 % fee under cost and insurance freight. The vacuum flask has a $ 1732 anti -dumping fee. Earlier, India imposed an anti -$ 873 per tonne anti -dumping fee on aluminum foil for 6 months. Explain that China is the second number among the countries doing business from India. In the year 2023-2024, China and India had a trade of $ 85 billion.
