The Department of Revenue has issued notifications outlining anti-dumping duties in three distinct categories. Specifically, duties ranging from 4.55% to 162.5% of the CIF (cost, insurance, freight) value in US dollars have been levied on hydraulic rock breakers. This tariff also applies to products originating from Korea.

Hydraulic rock breakers play a crucial role in the construction and mining sectors, facilitating tasks such as demolition, excavation, mining, and boulder breaking. These duties aim to safeguard the interests of domestic industries by curbing the influx of competitively priced imports, thereby supporting local manufacturers in these key sectors.

One of the notifications stipulates that the anti-dumping duty imposed on hydraulic rock breakers "shall be effective for a period of five years (unless revoked, superseded or amended earlier)." This measure aims to provide sustained protection to domestic industries from unfair competition posed by cheap imports of these essential equipment.

Imports of 'Easy open ends of tin plate, including electrolytic tin plate, measuring 401 diameter (99MM) and 300 diameter (73MM) in dimension' from China have been subjected to an anti-dumping duty of USD 741 per lakh units for a period of five years. This measure is intended to safeguard domestic producers from the adverse impacts of unfairly priced imports in this sector.

The 'Easy open ends of tin plate', including electrolytic tin plate, are essential components used extensively in the packaging of consumable goods and other items such as fresh and preserved food and beverages. The imposition of an anti-dumping duty of USD 741 per lakh units from China aims to protect local manufacturers from the adverse effects of unfairly priced imports in this crucial sector.

In a similar move, the government has also levied a provisional anti-dumping duty of USD 614 per tonne on imports of 'Telescopic Channel Drawer Slider' from China, effective for six months. This measure is part of efforts to mitigate any potential harm caused to domestic industries by below-cost imports, ensuring fair competition within the framework of the World Trade Organisation (WTO).

Anti-dumping investigations are initiated by countries to ascertain whether their domestic markets are negatively impacted by surges in imports sold at prices lower than their fair market value. By imposing duties, governments seek to uphold fair trade practices and maintain a level-playing field for local industries, without unduly restricting imports or inflating consumer costs unjustifiably.

Image source: Indian Express