Is anti dumping duty is also applicable on import of Carbon black for uses in other than Rubber Industries ?
Import Of Carbon black
(Guest)
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 30 March 2010
KIND ATTN :- MR. VIKASH VERMA JI ,
CUSTOM DUTY IS :- 10%
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Govt slaps anti-dumping duty on carbon black |
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Press Trust of |
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The government has imposed anti-dumping duty of up to Rs 20 ($0.423) per kg on imports of carbon black used by the rubber industry to guard domestic players from cheap shipments from
The duty ranges from $0.084 (about Rs 4) per kg to $0.423 (about Rs 20) per kg, Central Board of Customs and Excise (CBEC) said in a notification.
After reaching the conclusion, "the domestic industry has suffered material injury," Directorate General of Anti-dumping and Allied Duties (DGAD), the nodal agency under the Commerce Ministry, recommended this duty.
CBEC said
The government in the past has imposed anti-dumping duties on several products, including yarns, fabrics, colour picture tubes, some aluminium products and chemicals from various other markets.
Unlike safeguard duties, levied in a uniform way, anti-dumping duty varies from product to product and country to country.
The purpose of anti-dumping duties is to counteract trade distortions due to cheap imports and the consequential injury to the domestic industry.
It is not a measure to restrict imports or cause unjustified increase in cost of the products.
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