The company asked for an anti-dumping probe and imposition
نوشته شده توسط : lloyaginca

The company asked for an anti-dumping probe and imposition of duty on imports of flat-rolled product of steel, plated or coated with alloy of aluminum and zinc, from these countries... The duty is imposed only after a thorough investigation by a quasi-judicial body, like DGTR in India.In its probe, the directorate has to conclude whether the dumped products are impacting domestic industries. However, the directorate would also cover the data of 2015-18.to determine the existence, degree and effect of alleged dumping and to recommend the amount of antidumping duty, which if levied, would be adequate to remove the injury to the domestic industry," it said..According to global trade norms, a country is allowed to impose tariffs on such dumped products to provide a level- playing field to domestic manufacturers.The product offers resistance to corrosion and is used in many applications and sectors including solar power projects, roofing, white goods and appliances, furniture and substrate for colour-coated steel.New Delhi: India has begun a probe Wholesale Bolt Sleeve Anchors Manufacturers into alleged dumping of aluminium and zinc coated flat products from China, Vietnam and Korea following a complaint from a domestic player."The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry.The commerce ministrys arm Directorate General of Trade Remedies (DGTR) initiated the investigation on an application filed by JSW Steel Coated Products.The investigation would cover the period from October 2017 to September 2018.In a notification, DGTR said it has found "sufficient evidence" of dumping of the goods by these countries.Imposition of antidumping duty is permissible under the World Trade Organisation (WTO) regime.The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market.If established that dumping has caused material injury to domestic players, DGTR would recommend imposition of antidumping duty on the imports.Dumping impacts price of that product in the exporting country, hitting margins and profits of manufacturing firms





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تاریخ انتشار : سه شنبه 31 خرداد 1401 | نظرات ()
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