Thursday, 18 May 2017

Anti-dumping duty imposed on Chinese chemical, aluminium foil

Anti-dumping duty imposed on Chinese chemical, aluminium foil

India has imposed(थोपा हुआ) anti-dumping duty on a Chinese chemical used in pharma industry and aluminium foil to protect domestic industry from cheap imports(सस्ते आयात) . While an anti-dumping
duty of up to 1.63 US Dollar per kg was imposed on aluminium foil, up to 8.71 US Dollar per kg duty was slapped (बढ़ाना) on imports of amoxicillin, used in pharmaceuticals.  The duty on both the products would be effective for a period of five years, the finance ministry has said in separate notifications.
The commerce ministry's investigation arm, Directorate General of Anti dumping and Allied Duties, DGAD in the separate probe had concluded that these products were dumped(फेंक दिया) into India and that has caused material injury to the domestic industry(घरेलू उद्योग). 

No comments:

Post a Comment