India Imposes Anti-Dumping Duties on Chinese Products
| Key Aspect | Details |
|---|---|
| Products Affected | Soft Ferrite Cores, Vacuum Insulated Flasks, Aluminium Foil, Trichloro Isocyanuric Acid, PVC Paste Resin |
| Duties Imposed | - Soft Ferrite Cores: Up to 35% on CIF value - Vacuum Insulated Flasks: $1,732/tonne - Aluminium Foil: Up to $873/tonne (provisional) - Trichloro Isocyanuric Acid: $276-$986/tonne - PVC Paste Resin: $89-$707/tonne |
| Duration | - Soft Ferrite Cores, Vacuum Flasks, Trichloro Isocyanuric Acid: Five years - Aluminium Foil: Six months (provisional) |
| Authority | Directorate General of Trade Remedies (DGTR) under Ministry of Commerce |
| Reason for Duty | Protects domestic manufacturers from unfair competition due to dumping |
| WTO Compliance | Duties align with World Trade Organization (WTO) rules |
| Countervailing Duty (CVD) | Imposed to counteract foreign government subsidies ensuring fair competition |