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Directorate General of Anti-dumping & Allied Duties (DGAD) conducts anti-dumping investigations on the basis of duly substantiated petitions filed by domestic industry alleging dumping of goods into the country causing injury. The basic intent of the anti-dumping measures is to eliminate injury caused to the domestic industry by the unfair trade practices of dumping and to create a level playing field for the domestic industry vis-a-vis dumped goods by re-establishing a situation of open and fair competition in the domestic market.
DGAD initiated an anti-dumping investigation in respect of imports of Purified Terephthalic Acid (PTA) from China PR, Iran, Indonesia, Malaysia & Chinese Taipei on 18.6.2015. Based on DGAD’s final findings dated 9.6.2016, Department of Revenue has imposed anti-dumping duty in the range of US$ 85.87 to 168.76 per MT on imports of aforesaid chemical from China PR, Iran, Indonesia, Malaysia & Chinese Taipei on 5.7.2016.
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 Rajya Sabha today.
Anti-dumping duty targets imported purified terephthalic acid, restoring trade remedy protection for the domestic industry. DGAD initiated an investigation into imports of Purified Terephthalic Acid (PTA) from China PR, Iran, Indonesia, Malaysia and Chinese Taipei on 18 June 2015; following final findings dated 9 June 2016 the Department of Revenue imposed anti-dumping duties on those PTA imports effective 5 July 2016, with duties prescribed per metric tonne within a specified range to address injury to the domestic industry and restore fair competition.Press 'Enter' after typing page number.