Published 18:31 IST, October 22nd 2024
DGTR recommends anti-dumping duty on Chinese drawer sliders to protect MSMEs
The imports are also undercutting the prices of the domestic industry, the DGTR has said in a notification.
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commerce ministry's investigation arm DGTR has recommended an anti-dumping duty of USD 422 per tonne on Chinese drawer sliders to guard MSME units.
In its findings, Directorate General of Tre Remedies (DGTR) has concluded that 'Telescopic Channel Drawer Slider' has been exported to India at a price below normal value, resulting in dumping.
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imports are also undercutting prices of domestic industry, DGTR has said in a notification.
" authority recommends imposition of anti-dumping duty on imports," it said.
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directorate h "suo-motu" initiated probe against alleged dumping of this product to guard micro, small & medium enterprise (MSME) units against cheap imports from neighbouring country.
Usually, anti-dumping investigations are initiated based on an application filed by domestic producers, but since fragmented industries did not have know-how of procedures involved in tre remedy probe, directorate carried out investigation on its own.
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Imports of se sliders from China have increased to 46,276 tonnes in 2022-23 from 17,436 tonnes in 2019-20.
finance ministry takes final decision to impose duties.
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Anti-dumping probes are conducted by countries to determine wher domestic industries have been hurt because of a surge in cheap imports.
As a countermeasure, y impose se duties under multilateral regime of Geneva-based World Tre Organization (WTO). duty is aimed at ensuring fair tring practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.
India has alrey imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.
18:31 IST, October 22nd 2024