Wait...
  1. Home >
  2. Export Import News >
  3. Economy News >
  4. Commerce ministry terminates anti-dumping duty probe against chemical from Saudi Arabia >
  5. Commerce ministry terminates anti-dumping duty probe against chemical from Saudi Arabia

Online Export Import Data Search

Recent Searches: No Recent Searches
Complete Training Video : Click Here

Commerce ministry terminates anti-dumping duty probe against chemical from Saudi Arabia.


Date: 08-04-2020
Subject: Commerce ministry terminates anti-dumping duty probe against chemical from Saudi Arabia
The commerce ministry has terminated an anti-dumping investigation against a chemical, used in polyester fibres and films, imported from Saudi Arabia following a request from Reliance Industries Ltd.

In December last year, the ministry's investigation arm - Directorate General of Trade Remedies (DGTR) - initiated the probe into an alleged dumping of “Mono Ethylene Glycol” originating in or exported from Kuwait, Oman, Saudi Arabia, UAE and Singapore, following a complaint by the company.

"In view of the request made by the domestic industry, Reliance Industries Ltd...the designated authority hereby terminates the investigation initiated on 9th December 2019 against the imports of ‘Mono Ethylene Glycol (or Ethylene Glycol)' originating in or exported from Saudi Arabia," the DGTR has said in a notification.

It has also clarified that as the domestic industry has requested for termination of the investigation only in respect of the imports from Saudi Arabia, the investigation would continue against Kuwait, Oman, UAE and Singapore.

It added that Reliance Industries Ltd in its letter dated February 21 has requested to terminate the investigation against Saudi Arabia.

In the probe, the DGTR would determine the existence, degree and effect of alleged dumping, and consequent injury to the domestic industry.

If established that dumping has caused material injury to domestic industry, the directorate would recommend the amount of anti-dumping duty.

Countries carry out anti-dumping probe to determine whether their domestic industries have been hurt because of a surge in cheap imports.

As a counter measure, they impose duties under the multilateral regime of the World Trade Organization.

The duty is aimed at ensuring fair trade practices and creating a level-playing field for domestic producers.

Source:-moneycontrol.com

Get Sample Now

Which service(s) are you interested in?
 Export Data
 Import Data
 Both
 Buyers
 Suppliers
 Both
OR
 Exim Help
+


What is New?

Date: 01-06-2020
Notification No. 08/2015-2020-DGFT
Amendment in Export Policy of Alcohol based Hand Sanitizers

Date: 01-06-2020
Public Notice No. 07/2015-2020
Amendments in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

Date: 01-06-2020
Public Notice No. 09/2015-2020
Amendments in the Appendix 3B, Table 2 of the Merchandise Exports from India Scheme (MEIS)

Date: 01-06-2020
Trade Notice No. 13/2020-21-DGFT
Implementation of MoU between India and Mozambique for import of pigeon peas and other pulses grown in Mozambique during 2020-21

Date: 01-06-2020
Instruction No. 08/2020-Customs
24x7 Customs Clearance at all the Customs Stations - reg

Date: 29-05-2020
Circular No. 26/2020-Customs
Review of Circular No. 17/2020 dated 03.04.2020 namely, 'Measures to facilitate trade during the lockdown period- section 143 AA of the Customs Act, 1962'

Date: 29-05-2020
Notification No. 48/2020-CUSTOMS (N.T.)
Tariff Notification in respect of Fixation of Tariff Value of Edible Oils, Brass Scrap, Poppy Seeds, Areca Nut, Gold and Silver- Reg.

Date: 28-05-2020
Notification No. 07/2015-2020
Amendment in Export Policy of Paracetamol API

Date: 28-05-2020
Instruction No. 7/2020- Customs
Special drive for disposal of applications for fixation of Brand Rate of Duty Drawback.

Date: 27-05-2020
Notification No. 9/2020-Customs (ADD)
Seeks to levy definitive anti-dumping duty on imports of 'Electronic Calculators of all types excluding calculators with attached printers, commonly referred to as printing calculators; calculators with ability to plot charts and graphs, commonly referred to as graphing calculators; programmable calculators',originating in, or exported from, People's Republic of China for a period of five years, in pursuance of final findings of sunset review investigations issued by DGTR and in supersession of the notification No. 24/2015- Customs (ADD), dated the 29th May, 2015.



Exim Guru Copyright © 1999-2020 Exim Guru. All Rights Reserved.
The information presented on the site is believed to be accurate. However, InfodriveIndia takes no legal responsibilities for the validity of the information.
Please read our Terms of Use and Privacy Policy before you use this Export Import Data Directory.

EximGuru.com

C/o InfodriveIndia Pvt Ltd
F-19, Pocket F, Okhla Phase-I
Okhla Industrial Area
New Delhi - 110020, India
Phone : 011 - 40703001