Never miss a great news story!
Get instant notifications from Economic Times
AllowNot now


You can switch off notifications anytime using browser settings.

Portfolio

Loading...
Select Portfolio and Asset Combination for Display on Market Band
Select Portfolio
Select Asset Class
Show More
Download ET MARKETS APP

Get ET Markets in your own language

DOWNLOAD THE APP NOW

+91

CHOOSE LANGUAGE

ENG

  • ENG - English
  • HIN - हिन्दी
  • GUJ - ગુજરાતી
  • MAR - मराठी
  • BEN - বাংলা
  • KAN - ಕನ್ನಡ
  • ORI - ଓଡିଆ
  • TEL - తెలుగు
  • TAM - தமிழ்
Drag according to your convenience
ET NOW RADIO
ET NOW
TIMES NOW

India begins anti-dumping probe into "cheap" paper imports

PTI|
Updated: Nov 07, 2017, 03.10 PM IST
0Comments
The move is aimed at protecting domestic players in the sector against cheap imports.
The move is aimed at protecting domestic players in the sector against cheap imports.
India has initiated an anti-dumping probe into imports of a certain kind of paper from Indonesia, Thailand and Singapore following complaints from some domestic companies.

The West Coast Paper Mills, Tamil Nadu Newsprint, Papers Ltd, Ballarpur Industries and JK Paper had filed an application before the Directorate General of Antidumping and Allied Duties (DGAD) for initiation of anti-dumping investigation into imports of 'Uncoated Paper' from the three countries.

The DGAD in a notification said it has found "sufficient prima facie evidence" of dumping of such paper from these countries. This paper is used as a photocopy or copy paper.

The move is aimed at protecting domestic players in the sector against cheap imports.

"The authority hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry," it said.

In the probe, it would determine the existence and effect of the alleged dumping and recommend the amount of anti- dumping duty, which if levied, would be adequate to remove the injury to the domestic industry, it added.

The period of probe would be April 2016 - June 2017 (15 months) for the purpose of present investigations.

However, for the purpose of injury investigation, the period will cover the data from 2013-2016.

Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.

As a counter measure, they impose duties under the multilateral regime of WTO.

The duty is aimed at ensuring fair trading practises and creating a level-playing field for domestic producers vis-a- vis foreign producers and exporters.

India has already imposed anti-dumping duty on several products to tackle cheap imports from countries, including China.
0Comments

Also Read

Coming soon: Anti dumping duty on radial tyres

Anti-dumping duty on import of bus/truck tyres from China

Anti-dumping duty likely on some steel products from China, EU

India starts anti-dumping probe on Chinese belting fabric

Comments
Add Your Comments

Loading
Please wait...