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India initiates anti-dumping probe into import of sodium dichromate from 4 countries
28/07/2017 12:00
New Delhi, July 27 (KNN) India has started anti-dumping probe into imports of a chemical used in the pharmaceutical industry from four countries -- Russia, South Africa, Kazakhastan and Turkey.
The probe was initiated after a complaint filed by Vishnu Chemicals for investigation into dumping of sodium dichromate from these countries.
The Directorate General of Anti-dumping and Allied Duties (DGAD) has found "sufficient prima facie evidence of dumping" of the chemical.
In case the chemical is found to hurt the domestic industry, the DGAD would recommend imposition of anti-dumping duty on the said import.
The probing authority "hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry", the DGAD has said in a notification.
The chemical is also used in metal finishing industries, anti-corrosive applications, water treatment chemicals, pigments and paints.
The probe was initiated after a complaint filed by Vishnu Chemicals for investigation into dumping of sodium dichromate from these countries.
The Directorate General of Anti-dumping and Allied Duties (DGAD) has found "sufficient prima facie evidence of dumping" of the chemical.
In case the chemical is found to hurt the domestic industry, the DGAD would recommend imposition of anti-dumping duty on the said import.
The probing authority "hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry", the DGAD has said in a notification.
The chemical is also used in metal finishing industries, anti-corrosive applications, water treatment chemicals, pigments and paints.
Source: KNNIndia
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