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 probes cheap detergent chemical import from China

PTI|
Updated: Jan 04, 2018, 01.50 PM IST
0Comments
export-
Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.
NEW DELHI: India has initiated an anti- dumping probe into import of a Chinese chemical used in detergents following complaints from some domestic companies.

Gujarat Credo Mineral Industries and Chemicals India have filed an application before the Directorate General of Anti- dumping and Allied Duties (DGAD) for initiation of an investigation into import of 'Zeolite 4A (Detergent Grade)' from China.

In a notification, the DGAD said prima facie it has found sufficient evidence of dumping of the chemical.

The anti-dumping duty, if imposed, would help guard domestic players in the sector against cheap imports of the product.

"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.

The period from April 2016 to June 2017 (15 months) will be taken for the probe.

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 with regard to foreign producers and exporters.

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

The country has imposed the duty on as many as 98 products, as on December 27 last year, imported from China.
0Comments
Comments
Add Your Comments

Loading
Please wait...