Friday, March 29, 2024
Follow us on
BREAKING NEWS
सीएम केजरीवाल की ईडी रिमांड 1 अप्रैल तक बढ़ीजहां-जहां पानी की कमी है, उसकी आपूर्ति सुनिश्चित करेंगे:अभय यादवउत्तराखंड: नानकमत्ता में डेरा कारसेवा प्रमुख बाबा तरसेम सिंह की हत्याकेंद्र सरकार ने मनरेगा से जुड़े संशोधन का नोटिफिकेशन जारी किया, बढ़ेगी मजदूरीउत्तराखंड: नानकमत्ता गुरुद्वारा कार सेवा प्रमुख बाबा तरसेम सिंह के मर्डर की जांच के लिए SIT गठितCM केजरीवाल के लिए 7 दिन की अतिरिक्त हिरासत की मांग करेगी EDहरियाणा मुख्यमंत्री नायब सैनी करनाल विधानसभा उपचुनाव के लिए भाजपा के अधिकृत प्रत्याशी घोषितअंबाला सबजोन निर्देशिका राजयोगिनी ब्रह्माकुमारी कृष्णा दीदी का 6 दशकों के त्याग तपस्या पश्चात् हुआ देहावसान
National

India to levy taxes on measuring tapes amid dumping from China

July 13, 2020 06:52 AM

COURTESY HT JULY 13

India to levy taxes on measuring tapes amid dumping from China
Rajeev Jayaswal

letters@hindustantimes.com

New Delhi : India has imposed anti-dumping duty on steel and fibre glass measuring tapes and their components originating from China and other countries after finding that the Chinese products were entering India through locations such as Singapore and Cambodia to circumvent Indian laws, government officials said.

The finance ministry not only imposed the anti-dumping duty on Chinese measuring tapes on July 8, but also extended it to imports from other sources so that the Chinese products are not re-routed through a third country, the officials said, requesting anonymity.

As influx of measuring tapes and their components from China had been hurting the domestic industry, prompting the government to impose anti-dumping duties on them from July 9, 2015. The punitive duties would have expired on July 8.

An investigation launched in December last year found that while imports of these items from China had declined after the imposition of the duties, there was a significant jump in their imports from other countries such as Singapore and Cambodia although they do not manufactures these products, the officials cited above said.

The finance ministry then imposed anti-dumping duty of $1.83 per kg on steel measuring tapes and their components, and $2.56 per kg on fibre glass tapes and their components originating from China or any other country for five years from July 8, 2020, one of the officials said.

The decision was taken after a thorough investigation by the Directorate General of Trade Remedies (DGTR), a second official said. DGTR is a single-window agency seeking to provide a level playing field to domestic industry against unfair trade practices of countries like China.

Evidence show that there are no producers in Cambodia and Singapore, and Chinese producers are apparently exporting through these countries, the official cited above said, quoting DGTR’s investigation report. HT reviewed a copy of the report.

“Examination of the evidence is indicative of the fact that significant imports have been reported from Cambodia and Singapore, which are allegedly Chinese origin products,” the report said.

Dumping is an unfair trade practice that entails the export of a product at a price lower than its value and is countered by a punitive duty, which is an acceptable measure under multilateral trade agreements.

Mekhla Anand, partner at law firm Cyril Amarchand Mangaldas said such cases were noticed by government that saw amendment of the Customs Tariff Rules, 1995 last year to widen the scope of anti-circumvention measures.

“Anti-dumping duty measures have to be coupled with measures to prevent circumvention of the rules so as to ensure that the domestic industry is not unfairly targeted by non-domestic players,” she said

Have something to say? Post your comment
 
More National News
केंद्र सरकार ने मनरेगा से जुड़े संशोधन का नोटिफिकेशन जारी किया, बढ़ेगी मजदूरी वरुण गांधी नहीं लड़ेंगे लोकसभा चुनाव, मां मेनका गांधी के चुनाव प्रचार पर करेंगे फोकस केरल: शशि थरूर केजरीवाल की गिरफ्तारी के खिलाफ AAP के विरोध प्रदर्शन में हुए शामिल बांदा जेल में बंद मुख्तार अंसारी की तबीयत बिगड़ी, कड़ी सुरक्षा के साथ अस्पताल में भर्ती कंगना रनौत ने फिल्मों में काफी अच्छा काम किया है लेकिन यह राजनीतिक अखाड़ा है: विक्रमादित्य सिंह MP: महाकाल मंदिर में आग की घटना पर बोले मुख्यमंत्री मोहन यादव- 'यह एक अलार्मिंग कॉल है' मुंबई: शरद पवार और उद्धव ठाकरे शाम 5 बजे करेंगे मुलाकात, सीट बंटवारे पर होगी चर्चा PM मोदी पर अभद्र ट‍िप्‍पणी मामले में DMK मंत्री अनिता राधाकृष्णन के खिलाफ FIR दर्ज आज शाम 7 बजे बीजेपी केंद्रीय चुनाव समिति की तीसरी बैठक, मोदी-शाह करेंगे शिरकत प्रधानमंत्री नरेंद्र मोदी भूटान के लिए हुए रवाना, 22-23 मार्च को करेंगे राजकीय यात्रा