The commerce ministry has advisable imposition of anti-dumping responsibility on high-quality glass, utilized in building, refrigeration, photo voltaic power and different industries, from Bangladesh and Thailand to protect home gamers from low-cost imports.
Directorate General of Trade Remedies (DGTR) has advisable the responsibility on imports of ‘clear float glass’ from these two international locations after concluding in its probe that the product has been exported at dumped costs into India, which impacted the home trade.
“The authority recommends imposition of the anti-dumping duties on the imports of the subject goods…,” the directorate has stated in a notification.
Clear float glass is utilized in building, refrigeration, mirror and photo voltaic power industries. It is a superior high quality of glass.
DGTR had performed the probe following a criticism from Asahi India Class, Gold Plus Glass Industry, Sisecam Flat Glass lndia and Saint-Gobain India concerning the dumping of the glass.
In a separate notification, DGTR has additionally steered imposition of the responsibility on ursodeoxycholic acid imported from China and Korea. It is used as medical remedy in gallstone illness and for biliary sludge.
Arch Pharmalabs Ltd has filed an software earlier than the DGTR for initiation of an anti-dumping investigation and imposition of the responsibility on the imports.
“The authority recommends imposition of provisional anti-dumping duties on import of the subject goods….,” the DGTR has stated.
The imposition of anti-dumping responsibility is permissible below the World Trade Organisation (WTO) regime. The responsibility is aimed toward guaranteeing truthful buying and selling practices and making a level-playing subject for home producers vis-a-vis overseas producers and exporters.
Source: www.financialexpress.com”