India has imposed an anti-dumping duty of up to $986 per tonne on imports of Trichloro isocyanuric acid—a key chemical used in water treatment—from China and Japan. This duty, effective for five years, is aimed at protecting the domestic industry from the harmful effects of cheap, below-cost imports.
Key Points
- Reason for the Duty:
- The Directorate General of Trade Remedies (DGTR), an investigative arm of the Commerce Ministry, reported that domestic manufacturers have suffered material injury from dumped imports.
- Process:
- DGTR conducts anti-dumping probes and recommends duties if it finds that domestic industries are being harmed.
- The final decision is made by the Finance Ministry within three months of the recommendation.
- Context in International Trade:
- Anti-dumping measures are used by countries under the WTO framework to counteract below-cost imports and to protect domestic industries from unfair competition.