Commerce Ministry recommends anti-dumping duty on digital printing plates from 5 countries including China
New Delhi, May 20 (KNN) Safeguarding the domestic manufacturers from cheap imports by neighboring countries, the Commerce Ministry has recommended imposition of anti-dumping duty on digital printing plates from China, Japan, Korea, Taiwan and Vietnam.
Digital printing plates are used in the printing industry for transferring data as an image (dot patterns or text) onto paper or on tin sheets or poly films.
The Directorate General of Trade Remedies (DGTR) has recommended the duty after it found through investigation that there is a substantial increase in imports of digital offset printing plates from these countries in absolute terms.
It also found that the plates have been exported to India from these countries below their normal value, impacting the domestic industry.
The duty recommended was in the range of USD 0.77 per sqm to USD 0.13 per sqm.
"The authority is of the view that imposition of anti-dumping duty is required to offset dumping and injury. Therefore, authority recommends imposition of definitive anti-dumping duty on imports of subject goods from the subject countries," DGTR has said in a notification.
The alleged dumping probe was carried out by the DGTR on an application filed by Technova Imaging Systems for imposition of the duty on imports of these plates coming from China, Japan, Korea, Taiwan and Vietnam.
The imports of these plates have increased to 16.32 million sqm during the period of investigation covers (July 2018 to March 2019) from 8 million sqm in 2015-16.