GSTnews item9 August 2017

Govt imposes anti-dumping duty on 93 Chinese products

News Update

Govt imposes anti-dumping duty on 93 Chinese products

Published Date: Aug 10, 2017
Source: ICAI PD Committee
Indian markets are flooded with cheap products from China directly affecting the profitability of the domestic industry. The issue got highlighted when the big players in the Indian tyre industry requested Indian government to impose anti-dumping duty on import of Chinese truck and radial tyres.As a result, the government imposed anti-dumping duty on 93 products on Wednesday. "Anti-dumping duty is in force on 93 products concerning imports from China," said Commerce and Industry Minister Nirmala Sitharaman in a written reply to Rajya Sabha.These 93 products belong to a broad group of chemicals and petrochemicals, products of steel and other metals, fibres and yarn, machinery items, rubber or plastic products, electric and electronic items and consumer goods, among others.
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Govt imposes anti-dumping duty on 93 Chinese products