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- India Launches Probe into Chemical Imports from China, Japan
India Launches Probe into Chemical Imports from China, Japan
- 02 Apr 2024
India recently initiated anti-dumping probe on chemical imports used in rubber industry from China, Japan.
Key Points
- Probe Initiated by Commerce Ministry: Directorate General of Trade Remedies (DGTR) probes alleged dumping of 'Insoluble Sulphur'.
- Prima Facie Evidence Presented: DGTR notification cites prima facie evidence of injury to domestic industry due to dumped imports.
- Anti-dumping investigation launched to assess alleged dumping and resultant injury to domestic industry.
- Potential Imposition of Anti-dumping Duty: DGTR may recommend imposition of anti-dumping duty if dumping found to cause material injury to domestic players.
- Final decision on duty imposition rests with the finance ministry.
- Objective of Anti-dumping Probes: Anti-dumping probes aim to determine if domestic industries are harmed by surge in cheap imports.
- Duties imposed under WTO regime to ensure fair trade practices and level-playing field for domestic producers.
- Multi-lateral Trade Context: India, China, and Japan are WTO members, part of 166-member multi-lateral trade body.
- India has previously imposed anti-dumping duties on various products, including those from China, to address cheap imports.
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