The Indian government to protect silk domestic industry from cheap in-bound shipments of mulberry raw silk from neighbouring country, China is likely to impose anti-dumping duty of $1.85 (approx. Rs.122) per kg. The directorate general of anti-dumping and allied duties (DGAD) during its investigation has concluded that â€œmulberry raw silk of grade 3A and belowâ€ has been exported to India from China below its normal value and due to which, the domestic industry has suffered â€œmaterial injuryâ€.
The authority (DGAD) recommends imposition of definitive anti-dumping duty... so as to remove the injury to the domestic industry, said the commerce ministry in a notification.
DGAD, the nodal agency under the commerce ministry for such investigations, has recommended an anti-dumping duty of $1.85 per kg on imports of the silk from the neighbouring country.
Imports from China have increased considerably from 12.63 lakh kg in 2010-11 to 22.17 lakh kg during the period of the investigation (April 2013 to June 2014). While DGAD recommends the duty, the finance ministry imposes it.
Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products.
Anti-dumping investigations are initiated by countries to determine if the domestic industry has been hurt by a surge in below-cost imports. As a counter-measure, they impose duties under the multilateral World Trade Organization regime.
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