Latest news with #DGTR
Time of India
19-05-2025
- Business
- Time of India
DGTR recommends anti-dumping duty on imports of a fungicide from EU
Live Events (You can now subscribe to our (You can now subscribe to our Economic Times WhatsApp channel New Delhi: The commerce ministry's investigation arm DGTR has recommended an anti-dumping duty of USD 733 per tonne on imports of a fungicide - Thiram - from the European Union (EU) to protect the domestic industry from cheap inbound shipments. The Directorate General of Trade Remedies (DGTR) in its final findings said it is of the view that imposition of the duty is required to offset dumping and injury to the domestic industry."The authority recommends imposition of anti-dumping duty on the in or exported from the subject country for a period of 5 years," the DGTR said in a notification. Swarup Chemicals Pvt Ltd had filed an application before the DGTR for the initiation of the is used as a fungicide to prevent crop damage in the field and deterioration in storage or transport. It is also used as a seed, nut, fruit, and mushroom disinfectant for a variety of fungal diseases. In addition, it is used as an animal repellent to protect fruit trees and ornamentals from damage by rabbits, rodents, and finance ministry will take the final decision to impose the probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organization (WTO). The duty is aimed at ensuring fair trading practices and creating a level playing field for domestic producers vis-a-vis foreign producers and has already imposed anti-dumping duties on several products to tackle cheap imports from various countries, including China.
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Business Standard
17-05-2025
- Business
- Business Standard
Govt to launch digital platform for trade remedy document submissions
The government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations with a view to further promoting transparency, efficiency, and ease of access for all stakeholders, an official statement said on Saturday. These investigations are carried out by the commerce ministry's arm Directorate General of Trade Remedies (DGTR). Since 1995, India has initiated over 1,200 trade remedy investigations and recent interventions have protected domestic sectors including solar energy and advanced materials, such as solar cells and copper wire rods, from unfairly priced imports and subsidized goods. "Looking ahead, the government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations," the commerce ministry said in the statement. The platform is expected to go live soon, offering enhanced transparency, efficiency, and ease of access for all stakeholders, it said. The main objective of the directorate is to protect sensitive sectors against the adverse impact of the trade liberalization like dumping and subsidy from any exporting country, by way of carrying out investigations in a time-bound manner. The main functions of the DGTR include conducting anti-dumping, anti-subsidy/CVD (countervailing duty), and safeguard investigations. The finance ministry takes the final decision to impose these duties. In addition, DGTR, through its trade defence wing, has effectively contested the imposition of trade remedy measures by foreign trade remedy authorities. "These efforts have resulted in either reduced duties or complete relief from such measures on Indian exports, thereby protecting India's international trade interests," the ministry said. It was established in 2018 through the consolidation of the Directorate General of Anti-Dumping and Allied Duties (DGAD) and the Directorate General of Safeguards. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
Time of India
17-05-2025
- Business
- Time of India
Govt developing platform for online submission of documents in trade remedy probes
The government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations with a view to further promoting transparency, efficiency, and ease of access for all stakeholders, an official statement said on Saturday. These investigations are carried out by the commerce ministry's arm Directorate General of Trade Remedies ( DGTR ). Since 1995, India has initiated over 1,200 trade remedy investigations and recent interventions have protected domestic sectors including solar energy and advanced materials, such as solar cells and copper wire rods, from unfairly priced imports and subsidized goods. "Looking ahead, the government is developing a digital platform to enable the electronic submission of documents in trade remedy investigations," the commerce ministry said in the statement. Continue to video 5 5 Next Stay Playback speed 1x Normal Back 0.25x 0.5x 1x Normal 1.5x 2x 5 5 / Sponsored Links Sponsored Links Promoted Links Promoted Links You May Like Small Electric Car for Seniors in Egypt: Prices That Will Surprise You Electric Cars | Search Ads Undo The platform is expected to go live soon, offering enhanced transparency, efficiency, and ease of access for all stakeholders, it said. The main objective of the directorate is to protect sensitive sectors against the adverse impact of the trade liberalization like dumping and subsidy from any exporting country, by way of carrying out investigations in a time-bound manner. Live Events The main functions of the DGTR include conducting anti-dumping, anti-subsidy/CVD (countervailing duty), and safeguard investigations. The finance ministry takes the final decision to impose these duties. In addition, DGTR, through its trade defence wing, has effectively contested the imposition of trade remedy measures by foreign trade remedy authorities. "These efforts have resulted in either reduced duties or complete relief from such measures on Indian exports, thereby protecting India's international trade interests," the ministry said. It was established in 2018 through the consolidation of the Directorate General of Anti-Dumping and Allied Duties (DGAD) and the Directorate General of Safeguards.
The Hindu
09-05-2025
- Business
- The Hindu
India imposes anti-dumping duty on certain type of solar glass from China, Vietnam for 5 years
India has imposed an anti-dumping duty of up to $664 per tonne on imports of a certain type of solar glass from China and Vietnam for five years in a bid to protect domestic manufacturers from cheap imports from these two countries, according to a government notification. The duty was imposed after the Commerce Ministry's investigation arm Directorate General of Trade Remedies (DGTR) recommended for the same after conducting a detailed probe on the dumping of 'Textured Toughened (Tempered) Coated and Uncoated Glass' from China and Vietnam. Commonly used in solar panels, these glasses are also referred to as Solar Glass, Low Iron Solar Glass, Solar PV Glass, High Transmission Photovoltaic Glass, and Tempered Low Iron Patterned Solar Glass. It has concluded in its findings that there is a substantial increase in the volume of dumped imports of the glass from these countries in absolute and relative terms. "The anti-dumping duty imposed under this notification shall be effective for a period of five years from the date of imposition of the provisional anti-dumping duty, that is, December 4, 2024, unless revoked, amended or superseded earlier," the finance ministry said in a notification. The imposed duty will be in the range of $570 per tonne and $664 per tonne. The DGTR conducted the probe following applications regarding the same from Borosil Renewables Ltd. on behalf of the domestic industry. In a BSE filing, Borosil has hailed the decision and said that it will encourage rapid and significant growth in domestic manufacturing of solar glass. Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organization (WTO). Both India and China are members of the multilateral organisations, which deals with global trade norms. The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.
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Business Standard
09-05-2025
- Business
- Business Standard
India imposes 5-year anti-dumping duty on Chinese, Vietnamese solar glass
India has imposed an anti-dumping duty of up to USD 664 per tonne on imports of a certain type of solar glass from China and Vietnam for five years in a bid to protect domestic manufacturers from cheap imports from these two countries, according to a government notification. The duty was imposed after the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR) recommended for the same after conducting a detailed probe on the dumping of 'Textured Toughened (Tempered) Coated and Uncoated Glass' from China and Vietnam. Commonly used in solar panels, these glasses are also referred to as Solar Glass, Low Iron Solar Glass, Solar PV Glass, High Transmission Photovoltaic Glass, and Tempered Low Iron Patterned Solar Glass. It has concluded in its findings that there is a substantial increase in the volume of dumped imports of the glass from these countries in absolute and relative terms. "The anti-dumping duty imposed under this notification shall be effective for a period of five years from the date of imposition of the provisional anti-dumping duty, that is, December 4, 2024, unless revoked, amended or superseded earlier," the finance ministry said in a notification. The imposed duty will be in the range of USD 570 per tonne and USD 664 per tonne. The DGTR conducted the probe following applications regarding the same from Borosil Renewables Ltd on behalf of the domestic industry. In a BSE filing, Borosil has hailed the decision and said that it will encourage rapid and significant growth in domestic manufacturing of solar glass. Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports. As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organization (WTO). Both India and China are members of the multilateral organisations, which deals with global trade norms. The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters. India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China. (Only the headline and picture of this report may have been reworked by the Business Standard staff; the rest of the content is auto-generated from a syndicated feed.)
