Business Other News 04 Apr 2016 India may slap anti- ...

India may slap anti-dumping duty on Chinese steel pipes

DECCAN CHRONICLE. | DECCAN CHRONICLE
Published Apr 4, 2016, 1:21 am IST
Updated Apr 4, 2016, 1:21 am IST
The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended to the revenue department to impose provisional levy ranging between $961.33 and $1,610.67 per tonne.
 The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended to the revenue department to impose provisional levy ranging between $961.33 and $1,610.67 per tonne.

New Delhi: The Centre may impose anti-dumping duty on the import of certain types of iron and steel pipes from China, used in drilling for oil and gas exploration to protect domestic manufacturers. The Directorate General of Anti-Dumping and Allied Duties (DGAD) has recommended to the revenue department to impose provisional levy ranging between $961.33 and $1,610.67 per tonne.

In its preliminary findings, the DGAD said that it was of the view that imposition of “provisional duty is required" to offset dumping and injury, pending completion of the investigation. “Therefore, Authority (DGAD) considers it necessary and recommends imposition of provisional anti-dumping duty on imports of subject goods from the subject country...," it said in a notification.

The move comes after ISMT  and Maharashtra Seamless had moved the DGAD for imposition of the duty. They had alleged dumping of the products, originating in or exported from China, and consequent injury to them.

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