NEW DELHI: India has imposed antidumping duty on as many as 98 merchandise, as on December 27 remaining yr, imported from China, Parliament was informed on Wednesday.
The merchandise on which the obligation was imposed include flax fabrics, diet C, sure fibres and chemicals, Minister of State for Commerce and Industry C R Chaudhary stated in a written respond to Rajya Sabha.
He additionally stated industry deficit with China stood at USD 36.73 billion all over April-October this fiscal.
"Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power," he stated.
Countries begin antidumping probes to resolve if the home industry has been hurt by way of a surge in below-cost imports.
As a counter measure, they impose duties underneath the multilateral WTO regime.
Antidumping measures are taken to make sure truthful industry and provide a level-playing field to the home industry. They don't seem to be a measure to limit imports or cause an unjustified build up in charge of products.
The merchandise on which the obligation was imposed include flax fabrics, diet C, sure fibres and chemicals, Minister of State for Commerce and Industry C R Chaudhary stated in a written respond to Rajya Sabha.
He additionally stated industry deficit with China stood at USD 36.73 billion all over April-October this fiscal.
"Increasing trade deficit with China can be attributed primarily to the fact that Chinese exports to India rely strongly on manufactured items to meet the demand of fast expanding sectors like telecom and power," he stated.
Countries begin antidumping probes to resolve if the home industry has been hurt by way of a surge in below-cost imports.
As a counter measure, they impose duties underneath the multilateral WTO regime.
Antidumping measures are taken to make sure truthful industry and provide a level-playing field to the home industry. They don't seem to be a measure to limit imports or cause an unjustified build up in charge of products.
India imposes antidumping duty on 98 products from China
![India imposes antidumping duty on 98 products from China]()
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January 03, 2018
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