India Business News: NEW DELHI: For long, India was counted to be the top user of anti-dumping duty and often came under attack at the World Trade Organization (WTO).
India s Directorate General of Trade Remedies (DGTR) has become highly selective in levying dumping duty, with rejection rates rising from 0.7% to 43% since August 2020. The country s Atmanirbhar Bharat campaign after the pandemic appears to have increased the DGTR s rejection rates.
A division bench of the court issued the interim order on April 13 on the plea of the domestic industry that the non-levy of ADD is causing grave and irreparable injury and prejudice to the Indian manufacturers of the thermoplastic.