GSTnews item25 December 2020
Commerce ministry for extension of anti-dumping duty on carbon black used in rubber industry
News Update
Commerce ministry for extension of anti-dumping duty on carbon black used in rubber industry
The commerce ministry has recommended for extension of anti-dumping duty for five years on carbon black used in the rubber and tyre industry from China and Russia, with a view to guard domestic players from cheap imports from these two countries. In a notification, the ministry’s investigation arm Directorate General of Trade Remedies (DGTR) has said there is a “positive” evidence of likelihood of dumping of ‘carbon black used in rubber applications’ and injury to the domestic industry if the existing anti-dumping duty would be removed.
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