India's Anti-dumping on 4 Items Imported from China Extended for 5 Years

[2012-01-16 11:14:16]

In the backdrop of widening trade gap with China, India has extended for five years anti-dumping duty on import of four Chinese products on Jan 13, 2012, including silk fabrics and a sweetener.

The duty is imposed to protect the domestic industry from cheap imports. Import of certain type of silk fabrics from China will attract anti-dumping duty of $1.82 to USD 7.59 per metre, a notification of the Revenue Department said.
Source: The Economic Times
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