commerce ministry: Commerce ministry terminates anti-dumping probe on imports of a Chinese language chemical

Nonetheless on April 15 this yr, the applicant has withdrawn its petition and has requested for termination of the investigation citing sure causes.

“The authority hereby terminates the investigation…towards the imports of Sulphur Black originating in or exported from China,” the DGTR has mentioned in a notification.

It’s primarily used for dying cellulose fiber, viscose staple fiber and yam.

Anti-dumping guidelines have a provision for termination of a probe in sure conditions which embody withdrawal of utility by the affected home business at whose occasion the investigation was initiated.

In worldwide commerce parlance, dumping occurs when a rustic or a agency exports an merchandise at a worth decrease than the worth of that product within the focused market.

The responsibility is imposed solely after a radical investigation by a quasi-judicial physique, such because the DGTR, in India. It’s aimed toward making certain honest commerce practices and making a level-playing area for home producers.