Government imposes anti-dumping duty on seamless tubes and pipes from China
The Dollar Business Bureau
In order to safeguard the domestic industry, the Government of India has imposed anti-dumping duty on imports of seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel from China.
“In the matter of seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel (other than cast iron and stainless steel), whether hot finished or cold drawn or cold rolled of an external diameter not exceeding 355.6 mm or 14” the DGAD, through a notification on March 31, 2016, recommended imposition of provisional anti-dumping duty on the imports of subject goods, originating in, or exported from Republic of China the notification No.7/2017-Customs (ADD) released on Friday said.
The anti-dumping duty imposed will range between $961.33 to $1610.67 per MT.
“The designated authority in its final findings in December, 2016, has come to the conclusion that the given goods have been exported to India from the subject country below its normal value, resulting in dumping,” it said.
The domestic industry has suffered material injury due to dumping of the given goods from China. After these findings, DGAD (Directorate General of Anti-Dumping and Allied Duties) has recommended imposition of definitive anti-dumping duty on imports of the subject goods, originating in, or exported from subject country (China) and imported into India, in order to remove injury to the domestic industry, the notification said.
The anti-dumping duty will be effective for five years (unless superseded, revoked, or amended earlier) from the date of imposition of provisional anti-dumping duty, that is, the May 17, 2016 and shall be payable in Indian currency.