Anti-dumping duty imposed on imports of chemical, aluminium foil from China
Anti-duty imposed on aluminium foil is up to $1.63 per and up to $8.71 per kg duty was slapped on imports of amoxicillin, used in pharmaceuticals.
India on 18 May 2017 imposed anti-dumping duty on a Chinese chemical used in the pharma industry and aluminium foil to protect domestic industry from cheap imports.
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 on imports of amoxicillin, used in pharmaceuticals.
The finance ministry in separate notifications has said that the duty on both the products would be effective for a period of five years.
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 into India and that has caused material injury to the domestic industry.
This anti-dumping duty was imposed on Chinese chemical, aluminium foil two days after a similar anti-dumping duty was imposed on glass and radiators.
Reports suggest that India imposed anti-dumping duty on a certain type of clear float glass from Iran and also Chinese aluminium radiators. The action was taken with an aim to protect domestic industry from cheap imports.
Anti-duty imposed on the two materials were
• Clear float glass: $55.59 per tonne
• Aluminium radiators: $22.89 per tonne
The duty on both the products would be effective for a period of five years, the Finance Ministry said in a notification. Clear float glass is used in construction, refrigeration, mirror and solar energy industries. The product is a superior quality of glass.