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DGAD imposes anti-dumping duties on Chinese chemical and aluminium foil

Updated: May 19, 2017 08:57:33am
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DGAD imposes anti-dumping duties on Chinese chemical and aluminium foil

New Delhi, May 19 (KNN) The Directorate General of Anti-Dumping and Allied Duties (DGAD) has imposed anti-dumping duties on a Chinese chemical used in pharma industry and aluminium foil to protect domestic industry from cheap imports.

An anti-dumping duty of up to USD 8.71 per kg duty was imposed on imports of amoxicillin, used in pharmaceuticals and that of up to USD 1.63 per kg was imposed on aluminium foil.

The duty on both the products would be effective for a period of five years, the finance ministry has said in separate notifications.

DGAD in two separate probes had concluded that these products were dumped into India and that has caused material injury to the domestic industry.

Industries including Hindalco Industries, Raviraj Foils and Jindal India had filed the application for anti-dumping probe on imports of aluminium foil, used for packing of medicines, processed foods and cigarette.

Similarly, Aurobindo Pharma had filed the application for dumping probe on amoxycillin from China.

Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.

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