The Directorate General of Trade Remedies, Ministry of Commerce is responsible for carrying out investigations and recommend anti-dumping duty/countervailing duty on the identified articles, where ever warranted, under the Customs Tariff Act, as would be adequate to remove injury to the complainant domestic industry.
In the month of September, DGTR, Ministry of Commerce has initiated 21 cases against China
DGTR has initiated more than 20 anti-dumping investigations, 1 anti-subsidy (Countervailing Duty) investigation, issued Preliminary Findings in 02 investigations, and Final Findings in 4 investigations. Further, 9 Sun-Set Review investigations, 2 Anti-Circumvention Investigations, and 1 Bilateral Safeguard Initiation are done Also recommended imposition of safeguard duty in one bilateral safeguard investigation only in the month of September 2020.
The countries prominently figuring in anti-dumping &anti-subsidy (Countervailing Duty) investigations is China, Only. In the month of September, DGTR, Ministry of Commerce has initiated21 cases against China. The other countries which are under scrutiny are the European Union, Taiwan, Korea, Japan, the USA, Singapore, Russia, etc.
The major product categories on which anti-dumping duty/anti-subsidy (Countervailing Duty) has been levied are chemicals and petrochemicals, pharmaceuticals, fibers/yarns, steel, Aluminium and Copper.
Atmanirbhar Bharat is leaping at various fronts, setting up examples of how the Govt. believes in its ideology and thereby building trust in industries. Recently, The Authority has initiated the first suo moto anti-subsidy/countervailing duty investigation on on imports of Copper Tubes and Pipes from Malaysia, Thailand, and Vietnam on 25th September. This is the global first investigation of its kind. On various requests made by the apex body of Non-ferrous metal trade and industry in India representing manufacturers of Copper Tubes and Pipes M/s Bombay Metal Exchange (“BME”), the Authority has taken such a landmark step.
This action by the Govt. has come as a big and much-awaited relief; and is indeed an incredibly positive step taken by the government towards supporting the suffering industry and given an example of how the Government truly believes in its ideology of ‘Make in India’ and ‘AtmaNirbhar Bharat’.
Author: Ms. Jyoti Singh Rathore, Assistant Secretary General, Forum for Trade Remedies (FFTR). Views are personal.