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TMI BlogImposition of safeguard dutyX X X X Extracts X X X X X X X X Extracts X X X X ..... Imposition of safeguard duty X X X X Extracts X X X X X X X X Extracts X X X X ..... 12.2016, inter alia, on the following grounds,- (i) Market share, production, domestic sales and productivity of the domestic aluminium industry had improved and capacity utilization was almost at 100% during the period of investigation; (ii) The landed price of imports was higher than the selling prices and cost of sales of the domestic industry during the period under investigation and price u ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... ndercutting was negative; (iii) Analysis of post period of investigation data showed that imports were decreasing whereas production and sales of domestic industry had increased; (iv) An injury to the domestic industry existed, but there was no serious injury or threat of serious injury to the domestic industry during the period of investigation and hence no protection under the safeguard law wa ..... X X X X Extracts X X X X X X X X Extracts X X X X ..... s required.
To protect the interest of the domestic aluminium producers, the Government of India has increased the basic customs duty on primary aluminium products in the Budget 2016-17.
This was stated by Shri Santosh Kumar Gangwar, Minister of State in the Ministry of Finance in written reply to a question in Lok Sabha today. X X X X Extracts X X X X X X X X Extracts X X X X
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