Govt suggests anti-dumping duty on Vitamin C from China for 5 years
The DGTR has recommended USD 3.2 per kg and USD 3.55 per kg duty on imports.;
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New Delhi: The commerce ministry's investigation arm DGTR has recommended the imposition of anti-dumping duty on Vitamin C, used by pharmaceutical firms for medicine production, from China to guard domestic manufacturers from cheap imports. The Directorate General of Trade Remedies (DGTR) has concluded in its probe that the imports from China are entering the domestic market at price below the level of the selling price, and even the cost of sales.
The domestic industry has been impacted due to the dumped imports, DGTR has said in a notification.
"Accordingly, definitive anti-dumping duty...is recommended to be imposed for five years from the date of the notification to be issued by the Central Government, on all imports of goods...originating in or exported from China," it added.
The DGTR has recommended USD 3.2 per kg and USD 3.55 per kg duty on imports. The finance ministry takes the final decision to impose the duty.
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