Anti-Dumping Duty on Chinese Goods: Five Products, Rates
Why in the news
India levied anti-dumping duties on five goods found to be shipped at below-normal prices, hurting local manufacturers.
Duty details
| Product | Duty | Term | Origin covered |
|---|---|---|---|
| Soft ferrite cores (EVs, chargers, telecom) | Up to 35% of CIF value | 5 years | China |
| Vacuum insulated flasks | $1,732 per tonne | 5 years | China |
| Aluminium foil | Up to $873 per tonne | 6 months (provisional) | China |
| Trichloro isocyanuric acid (water treatment) | $276-$986 per tonne | 5 years | China, Japan |
| PVC paste resin (plastics) | $89-$707 per tonne | 5 years | China, Korea RP, Malaysia, Norway, Taiwan, Thailand |
About anti-dumping duty
- A tariff a country levies, under WTO rules, when imports arrive at unfairly low prices.
- The DGTR investigates injury to domestic industry and recommends the duty.
Significance
- Curbs unfair trade, encourages local production and protects MSMEs and large units in electronics, chemicals, packaging and plastics.
- Should cut reliance on cheap imports and encourage fair competition.
Exam angle
- Recommending body: DGTR.
- CIF = Cost, Insurance, Freight.
- Only the aluminium foil duty is provisional.