GSTnews item20 July 2016

Dumping duties soon on steel imports from China, Korea & Japan

News Update

Dumping duties soon on steel imports from China, Korea & Japan

Published Date: Jul 21, 2016
Source: ICAI PD Committee
The domestic steel industry is set to get stronger and long-lasting protection in the form of anti-dumping duties on cheap imports of specified varieties of hot-rolled and cold-rolled coils from China, Japan and South Korea. The Directorate General of Anti-dumping and Allied Duties, which launched probes into imports of these primary and secondary products from these countries in April to ascertain whether they caused injury to domestic industry, is understood to have favoured imposition of duties.
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Dumping duties soon on steel imports from China, Korea & Japan