What is the issue?
- The Commerce Ministry’s investigation arm DGTR has initiated a probe to review the need for the continuing imposition of anti-dumping duty on certain types of steel products imported from China following complaints from domestic industry, according to a notification.
- ISMT Ltd. and Jindal Saw Ltd. have filed an application before the Directorate General of Trade Remedies (DGTR) for a sunset review of the anti-dumping duty imposed on imports of seamless tubes, pipes and hollow profiles of iron, alloy, or non-alloy steel from China.
- The applicants have alleged that dumping of these products from China has continued even after the imposition of anti-dumping duty, and there has been a significant increase in the volume of imports.
Role of DGTR
- DGTR would review the need for the continued imposition of the duties in force and examine whether the expiry of existing duties is likely to lead to the continuation or recurrence of dumping and impact the domestic industry.
Directorate General of Trade Remedies
- The Directorate General of Trade Remedies (earlier known as Directorate General of Anti-dumping and Allied Duties) was named in May 2018 as an integrated single-window agency for providing comprehensive and swift trade defence mechanism in India.
- Earlier, the Directorate General of Anti-dumping and Allied Duties (DGAD) dealt with anti-dumping and CVD cases, Directorate General of Safeguards (DGS) dealt with safeguard measures and DGFT dealt with quantitative restriction (QR) safeguards. The DGTR brings DGAD, DGS and Safeguards (QR) functions of DGFT into its fold by merging them into one single national entity. DGTR now deals with Anti-dumping, CVD and Safeguard measures.
Source : The Hindu