GSTnews item16 August 2017
Anti-dumping duty likely on a chemical from Canada, China, EU
News Update
Anti-dumping duty likely on a chemical from Canada, China, EU
The government may impose anti- dumping duty of up to $120.14 per tonne on a chemical used in sectors such as dyes and pharmaceuticals from Canada, China and the European Union (EU). The duty aims at guarding domestic players from cheap imports. Directorate General of Anti-dumping and Allied Duties (DGAD) has found that domestic industry is impacted due to the “dumped imports” of ‘sodium chlorate’ from Canada, China and the EU. “The authority recommends imposition of anti-dumping duty …so as to remove the injury to the domestic industry,” DGAD, the investigation arm of the commerce ministry, said in a notification. It recommends imposition of the duty, while the finance ministry imposes the same.
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