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Impact of Cheap Imports on Industrial Production

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..... Impact of Cheap Imports on Industrial Production - News and Press Release Dated:- 11-2-2019 - News - Ministry of Commerce Industry Posted On: 11 FEB 2019 12:59PM by PIB Delhi Directorate General of Trade Remedies (DGTR) initiates anti-dumping investigations on the basis of a duly substantiated application filed by the domestic producer with a prima-facie evidence of dumping of goods .....

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..... into the country causing injury to the domestic industry. Such applications are processed as per the procedure and within the time limits specified under the Customs Tariff Act, 1975 and the rules made there under. The proceedings of DGTR are of quasi-judicial nature and adequate opportunity is given to all the interested parties participating in the investigation for making their submissions. DGT .....

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..... R critically analyses the submissions and thereafter recommends the appropriate measures to the Department of Revenue for imposition of anti-dumping duty, if necessary. Acting upon such recommendations of the DGTR, the Department of Revenue may impose the provisional or definitive duties. Anti-dumping measures in force on products of steel and tyres are as under: Anti-Dumping .....

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..... Measures in Force on Products of Steel and Tyres S.No. Product/s Country (ies) involved Quantum of Duty imposed Expiry date of duties 1 Ductile Iron Pipe China PR, US$ 127.40 to 139.79 per MT 09-04-2019 .....

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..... 2 Aluminum Road Wheels China PR, Korea RP, Thailand, US$ 1.06 to 2.15 per Kg 10-04-2019 3 Presensitised Positive offset Aluminum Plates China PR, Bulgaria**, Malaysia**, Singapore**, Korea RP** US$ 0.22 per Kg. 08-06-2019 4 .....

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..... Hot Rolled flat product of Stainless Steel of 304 Grade China PR, Korea RP, Malaysia, US$ 180 to 316 per MT 04-06-2020 5 Cold Rolled Flat Products of Stainless Steel China PR, Japan**, Korea RP, EU, South Africa, Chinese Taipei, Thailand, USA, US$ 4.58 to 57.39% of CIF value .....

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..... 10-12-2020 6 Hot rolled flat products of alloy and non-alloy steel in coils China PR, Japan, Russia, Korea RP, Brazil, Indonesia, US$ 489-561 per MT 07-08-2021 7 Cold rolled/ cold reduced flat steel products of iron or non-alloy steel of all widths and thickness .....

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..... China PR, Japan, Korea RP, Ukraine, US$ Nil to 576 per MT 16-08-2021 8 Pneumatic Radial Tyres China PR, US$ 245.35-452.33 Per MT 17-09-2022 9 Wire Rod of alloy or non-alloy Steel China PR, US$ 535-546 Pe .....

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..... r MT 08-10-2022 10 Colour coated/pre-painted flat products of alloy and non-alloy steel China PR, EU, US$ 822 Per MT 16-10-2022 11 Steel Wheels China PR, US$ 613 per MT 12-09-2023 12 .....

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..... Straight length Bars and Rod of alloy or non alloy Steel China PR, US$ 44.89 - 185.81 per MT 17-10-2023 Note: The ** denotes that measure is not in force on the concerned country. Source: Directorate General of Trade Remedies No anti-dumping duty is in force on cement and no anti-dumping application for imposition of anti-dump .....

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..... ing duty on cement is pending in DGTR. Latest available data on capacity and production of crude steel, cement and tyres (all categories) in India during the last year and current financial year is given below: Unit Capacity Production 2017-18 2018-19 2017-18 .....

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..... 2018-19 (Apr-Dec) Crude Steel Million tonnes 137.97 NA 103.13 79.06 Cement Thousand Tonnes # # 297711 245826 Tyres (all categories) Lakh No # .....

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..... # 1776.70 964.26* Sources: Steel :Joint Plant Committee, M/o Steel, Cement : Index of Eight Core Industries, Office of Economic Adviser, Tyres : Automotive Tyre Manufacturers Association # : Data on Capacity not maintained , * : April-September, NA : Not Available This information was given .....

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..... by the Minister of State of Commerce and Industry, C. R. Chaudhary, in written reply in the Lok Sabha today. *** MM/SB - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

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