Anti-dumping duty on Chinese steel pipes
New Delhi, May 18
The government has imposed a provisional anti-dumping duty for six months on seamless tubes, steel pipes, among others imported from China.
In March, the Directorate General for Anti-dumping and Allied Duties (DGAD) had recommended to the Revenue Department to impose provisional levy on import of certain types of iron and steel pipes from China used in oil and gas exploration in a bid to protect the domestic industry from cheap imports.
“The Central Government... hereby imposes on the subject goods... an anti-dumping duty at a rate which is equivalent to difference between the landed value of the subject goods...,” the Central Board of Excise and Customs said in a notification.
The anti-dumping duty will be in the range of $961.33-1,610.67. — PTI