Overview of Anti-Dumping Duty Imposed by India
India has taken decisive measures to impose anti-dumping duties on certain imported goods from China and Vietnam. This action aims to protect domestic industries from the adverse impact of cheap imports.
Key Products Affected
- Chinese Goods:
- Refrigerant Gas: 1,1,1,2-Tetrafluoroethane or R-134a
- Steel Products: Cold-rolled non-oriented electrical steel
- Vietnamese Goods:
- Calcium Carbonate Filler Masterbatch: Widely used in the plastic industry
Specific Duties Imposed
- Steel goods from China: Up to $223.82 to $415 per tonne for five years.
- Refrigerant gas from China: Up to $5,251 per tonne for five years.
Rationale and Process
The duty imposition follows investigations by the Directorate General of Trade Remedies (DGTR), part of India's commerce ministry, which concluded that these imports were harming domestic industries.
International Framework
These actions are consistent with the rules of the World Trade Organisation (WTO), of which India, China, and Vietnam are members. The aim is to ensure fair trading practices and a level-playing field for domestic producers against foreign producers and exporters.
Conclusion
India has a history of imposing anti-dumping duties on various products to counter the negative impacts of cheap imports, particularly from China, thereby supporting domestic production industries.