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India begins anti-dumping probe into plastic processing machine imports from China

India begins anti-dumping probe into plastic processing machine imports from China SECTIONS Share Synopsis India has begun an anti-dumping investigation on imports of plastic processing machines imported from China on the basis of a complaint filed by the Plastics Machinery Manufacturers Association of India to the Directorate General of Trade Remedies (DGTR) alleging that dumping is causing injury to the domestic industry. Agencies India has begun an anti-dumping investigation on imports of plastic processing machines imported from China on the basis of a complaint filed by the Plastics Machinery Manufacturers Association of India to the Directorate General of Trade Remedies (DGTR) alleging that dumping is causing injury to the domestic industry.

Anti-dumping duties, countervailing duties altered to put brakes on cheap imports

Anti-dumping duties, countervailing duties altered to put brakes on cheap imports SECTIONS Share Synopsis As per the budget for FY22, with effect from July 1, the final findings in cases of reviewing anti-dumping and countervailing duty are to be issued at least three months before expiry of the duty. iStock Budget seeks to amend rules to allow safeguard duty along with a duty in nature of Tariff Rate Quota Related NEW DELHI: In a move to protect the industry from cheap imports, India has introduced changes in the process and levy of anti-dumping duties, countervailing duties and safeguard duties. As per the budget for FY22, with effect from July 1, the final findings in cases of reviewing anti-dumping and countervailing duty are to be issued at least three months before expiry of the duty. The Directorate General of Trade Remedies under the commerce and industry ministry issues these findings and recommends the duty to the finance ministry, which takes the final call.

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