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DGTR recommends anti-dumping duty on newsprint for five years


The commerce ministry s investigation arm DGTR has recommended the imposition of antidumping duty on newsprint, used in the printing of newspapers, from six countries, including Australia and Canada for five years, to guard domestic manufacturers from cheap imports.
The Directorate General of Trade Remedies (DGTR) has recommended the duty after concluding its probe that imports of newsprint in rolls or sheets, excluding glazed newsprint from these countries have been exported at dumped prices into India, which has impacted the domestic industry.
The authority accordingly recommends imposition of antidumping duty.on all imports of goods.originating in or exported from Canada, EU, Russia, Singapore, Australia and UAE for a period of five years, the directorate has said in a notification. ....

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Newsprint cost up 20% in last 3 months, publishers seek customs duty waiver


Newsprint cost has jumped 20 per cent in the last three months due to demand-supply imbalance post pandemic, prompting news publishers to petition the government for waiver of 5 per cent import duty to help cut cost.
The industry has been hit hard due to COVID-19 led disruptions and the most newspapers have stopped sending newspapers to rural areas where there is less than 50 copies to reduce the distribution cost, said the Indian Newspaper Society (INS) President L Adimoolam.
In a representation to the Finance Minister Nirmala Sitharaman on Thursday ahead of the forthcoming union budget, INS has suggested to take steps as to reduce the customs duty on import of newsprints, a stimulus package for the industry or at least to help the publications by releasing advertisement with an increased tariff of 50 per cent ....

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