India imposes anti-dumping duties on ball bearings from four countries
Resource from: From eBearing.com Likes:3132
May 12,2003
India's Directorate General of Anti-Dumping & Allied Duties (DGAD) has found that ball bearings from China, Poland, Russia and Romania are being sold in that country at below fair value ("dumped") and imposed anti-dumping duties on those bearings.
Initiated September 21, 2002, the investigation (No.14/30/2002-DGAD) was triggered by a complaint filed by the 12-member Ball and Roller Bearing Manufacturers Association of India. The complained alleged, "dumping of Ball Bearings and parts and components thereof (up to 50mm bore diameter) originating in or exported from China PR, Poland, Russia and Romania and request for Anti Dumping investigations and levy of anti dumping duties."
The DGAD recently completed its investigation, finding in part, "The landed value of the dumped imports has been found to be significantly below the net sales realization of the domestic industry. Thus, there has been significant price undercutting due to the dumped imports of subject types of ball bearings from subject countries."
Antidumping duties on those ball bearings are being imposed on a per-piece basis:
Country Rate in U.S. Dollars per quantity
China $0.354 - $0.477 per each
Poland $0.461 per each
Russia $0.522 per each
Romania $0.432 per each
About the Directorate General of Anti-Dumping and Allied Duties
Although national laws covering anti-dumping have been in place since 1985, India's Directorate General of Anti-Dumping and Allied Duties was only set up in 1998 as a subordinate office of India's Ministry of Commerce and Industry.
The DGAD is responsible for carrying out investigations and to recommend the amount of anti-dumping duty on the identified article which would be adequate to remove injury to the domestic industry. The DGAD is headed by an officer of the rank and status of Additional Secretary to the Government of India as the Designated Authority (DA).
The DA heads a direct staff of 12: a Joint Secretary, Director, 6 Investigating Officers and 4 Costing Officers.
While India's first anti-dumping complaint was filed in 1992, in 2001-2002, 30 cases were initiated. India is the third most active user of anti-dumping action, according to WTO statistics, after the United States and Canada.
(From eBearing.com)
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1.The news above mentioned with detailed source are from internet.We are trying our best to assure they are accurate ,timely and safe so as to let bearing users and sellers read more related info.However, it doesn't mean we agree with any point of view referred in above contents and we are not responsible for the authenticity. If you want to publish the news,please note the source and you will be legally responsible for the news published.
2.All news edited and translated by us are specially noted the source"CBCC".
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