Govt initiates dumping probe into chemical imported from China, Switzerland


The move is aimed to protect domestic players from cheap imports.

The Directorate General of Anti-Dumping and Allied Duties (DGAD), an arm of the Commerce Ministry, has begun investigations into the matter.

In a notification, the DGAD has said that it has found a sufficient prima facie evidence of dumping of “Diketopyrrolo Pyrrole Pigment Red 254” from China and Switzerland.

It said the DGAD “hereby initiates an investigation into the alleged dumping and consequent injury to the domestic industry…to determine the existence, degree and effect of any alleged dumping and to recommend the amount of anti-dumping duty, which if levied would be adequate to remove the ‘injury’ to the domestic industry’’.

Source : http://www.thehindubusinessline.com/economy/govt-initiates-dumping-probe-into-chemical-imported-from-china-switzerland/article6257474.ece

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Categorised in: Chemical, Sector News

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