Q. GoI has slapped anti-dumping duty on chemical from which countries?- Published on 11 Jul 16a. China, Iran, Indonesia, Malaysia and Taiwan
b. China, Iraq, Indonesia, Malaysia and Taiwan
c. China, Iran, Indonesia, Myanmar and Taiwan
d. China, Iran, Indonesia, Myanmar and Japan
ANSWER: China, Iran, Indonesia, Malaysia and Taiwan
Government of India has slapped anti-dumping duty on chemicals from 5 nations namely Iran, Indonesia, China, Malaysia and Taiwan.
- The import restrictive tax has been imposed for 5 years by the Revenue Department on recommendations of the Directorate General of Anti Dumping and Allied Duties.
- Import of chemicals from 5 nations will attract anti-dumping duty in the range of USD 83.08 per tonne to USD 168.76 per tonne
- Department has also imposed anti dumping duty on the imports.
- Chemical Purified Terepthalic Acid was being delivered to the country from five nations below the normal value
- As a counter-measure, they impose duties under the multilateral WTO regime
- Anti dumping measures are taken to ensure level playing field in the domestic industry
