Anti-dumping duty Current Affairs, GK & News

Union Cabinet approves norms for Mandatory Packaging in Jute MAterials

On October 29, 2020, the Union Cabinet approved by PM Modi approved that 20% of sugar and 100% of food grains should be mandatorily packed in jute bags. Highlights This decision will help in diversifying jute industries. The mandatory jute packing norms have been introduced under Jute Packaging Material Act, 1987. However, when in shortage ..

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GoI: Anti-Dumping Duty imposed on steel from China, South Korea and Vietnam

The Government of India recently imposed anti-dumping duty on the steel imported from China, South Korea and Vietnam. Highlights The duty has been imposed on steel products that are imported from these countries below its associated normal value. This is causing the dumping and leads to unfair trade in India. The issue was found by ..

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Anti-dumping duty imposed on Malaysian Calculators

The Government of India has imposed a five year anti-dumping duty on import of electronic calculators from Malaysia. This has been done to protect the domestic players from cheap imports from Malaysia. An anti-dumping duty of USD 0.92 per piece has been levied after the Commerce ministry’s investigative arm Directorate General of Trade Remedies (DGTR)’s ..

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Government imposes anti-dumping duty on Ofloxacin import from China

The Revenue Department in the Finance Ministry has imposed anti-dumping duty on import of ‘Ofloxacin’, a pharma product used in treatment of certain infections from China. It was imposed for three years following recommendations of Directorate General of Anti-Dumping and Allied Duties (DGAD) to protect domestic producers from below-cost shipments. In its probe DGAD had ..

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Government imposes anti-dumping duty on ceramicware from China

The Union Finance Ministry (Department of Revenue) has imposed anti-dumping dutyon import of ceramic tableware and kitchenware from China in bid to protect domestic producers. Both items will attract anti-dumping duty of $1.04 per kg, making the imports expensive. The protectionist measure against cheap Chinese import was based recommendation of Directorate General of Anti-Dumping and ..

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