India has once again shown strictness in curbing Chinese imports. Some measuring tape, parts and components imported from China have been imposed anti-dumping duties for five years.
This will curb the glut of cheap Chinese goods in the country.
Significantly, in the recent violent clash on the India-China Line of Control, 20 brave soldiers of our country were martyred, after which there is an atmosphere against China in the country.
A campaign to boycott Chinese goods is going on and the government is also trying to tighten the sugar imports in many ways. Constant vigour is being shown in terms of Chinese imports and investment.
According to the news agency PTI, the investigation branch of the Directorate General of Trade Remedies (DGTR) had recommended the continuation of tax on China imports.
After this, anti-dumping duty was imposed on steel and fibreglass measuring tape imported from China. This duty was first imposed for five years on 9 July 2015. It has now been extended again for the next five years.
DGTR said in its investigation report that China is continuously dumping these goods in the Indian market. Due to dumping, prices are much lower. If duty is not imposed on them, they will be bridged in the Indian market. To protect Indian manufacturers from these cheap Chinese goods, it has been decided to impose the anti-dumping duty.
The revenue department also said in a notification that, 'Steel and fibreglass measuring tape imported from China and their parts and components will be imposed anti-dumping duty for five years.
If the government wants it can remove it even before. Some companies have imposed anti-dumping duties of 1.83 per kg and some anti-dumping duty of $ 2.56 per kg. This duty has to be given to Indian rupees.
