TaxTMI 
TaxTMI 
Anti-Dumping Duty
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....nti-Dumping Duty <br>News and Press Release<br>Dated:- 13-12-2014<br><BR>The Government has initiated anti-dumping investigations into 309 cases during the period from 1992 till 30.11.2014. The major product categories on which anti-dumping duty has been levied are chemicals and petrochemicals, pharmaceuticals, fibres/yarns, steel and other metals and consumer goods. During the years 2011 to 2014....
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.... the following major notifications were notified by the Central Government in its legislation concerning anti-dumping measures:- (i) Notification No.15/2011-Customs (N.T.) dated 01.03.2011 - amendments in the provisions concerning Mid Term Review, Sun Set Review etc. under Rule 23 of Anti-dumping Rules and Principles for determination of non-injurious price. (ii) Notification No. 86/2011-Customs....
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.... (N.T.) dated 01.12.2011- amendment in Rule 2(b) of Customs Tariff Rules, 1995 concerning definition of Domestic Industry. (iii) Notification No. 6/2012-Customs (N.T.) dated 19.01.2012- concerning determination of amount paid in excess of actual margin of dumping for the purpose of refund of anti-dumping duties paid in excess and determination of circumvention of anti-dumping duty. (iv) Notifica....
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....tion No. 5/2012 dated 19.1.2012 regarding Refund of Anti-dumping duty Rules, 2012 Dumping of goods is an unfair trade practice. Anti-dumping duty is a trade remedial measure permitted under WTO Agreement. The basic objective of imposition of anti-dumping duty is to create a level playing field for the domestic industry in the domestic market vis-à-vis dumped goods. Anti-dumping system is a....
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.... constantly evolving process enriched by outcome of findings of authorities, WTO guidelines and jurisprudence. The anti-dumping rules governing anti-dumping investigations are amended from time to time. This information was given by the Minister of State (Independent Charge) in the Ministry of Commerce & Industry Smt. Nirmala Sitharaman in a written reply in Lok Sabha.<BR> News - Press release - ....
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....PIB....