GSTnews item11 December 2015

Dumping duty on flat steel products from 7 countries

News Update

Dumping duty on flat steel products from 7 countries

Published Date: Dec 12, 2015
Source: ICAI PD Committee
The Finance Ministry has slapped definitive anti-dumping duty on cold-rolled flat products of stainless steel from seven countries.The countries on which anti-dumping duty has been imposed are China, South Korea, Chinese Taipei, South Africa, Thailand, the US and the European Union. The latest Revenue Department move follows recommendation from the designated authority in the Commerce Ministry in its sunset review investigations.Jindal Stainless Ltd, a domestic producer, had filed the petition seeking sunset review investigation on cold rolled flat products of stainless steel from these seven countries.
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Dumping duty on flat steel products from 7 countries