Live
- Tesla's Humanoid Robot 'Optimus': What to Expect and Its Potential Impact
- CBDT extends deadline for filing Form 10A/10AB by taxpayers to June 30
- Senior Congress Leader Maridu Krishna Files Nomination as MLA Candidate in Nuzividu Constituency
- TN: Five district collectors questioned by ED in illegal sand mining case
- Patsamatla Dharmaraju files 4th set of nomination papers as Jana Sena candidate for Ungutur Assembly Constituency
- Cong accepted country's division on basis of religion: PM Modi
- TN Police targeting me in Rs 4 cr cash seizure case, says BJP leader Nainar Nagendran
- Former Zimbabwe cricketer Guy Whittall injured by leopard
- Fatal Fire Erupts In Hotel Near Patna Junction, Claims Six Lives
- Congress Challenges PM Modi's Allegations: Calls Out "Falsehoods" Amidst Electoral Rhetoric
Anti-dumping duty likely on dry batteries
The government is considering a proposal to levy anti-dumping duty on import of dry batteries from China and Vietnam on complaint that cheap shipments from these countries are hitting domestic producers like Eveready Industries.
New Delhi : The government is considering a proposal to levy anti-dumping duty on import of dry batteries from China and Vietnam on complaint that cheap shipments from these countries are hitting domestic producers like Eveready Industries.
The Directorate General of Anti-Dumping and Allied Duties (DGAD) under the Commerce Ministry has initiated the probe into alleged dumping of a "AA Dry Cell Batteries" by China and Vietnam.
The application for investigation has been filed by Association of Indian Dry Cell Manufacturers on behalf of domestic industry, namely, Eveready Industries India Ltd, Panasonic Energy India, and Indo National Ltd.
The DGAD has said the applicant has provided sufficient evidence of dumping from the two countries. "...The authority (DGAD) hereby initiates an investigation into the alleged dumping, and consequent injury to the domestic industry," it has said in a notification.
In the probe, the directorate would determine the existence, degree and effect of alleged dumping and will recommend amount of anti-dumping duty, "which if levied would be adequate to remove the injury to the domestic industry".
The DGAD is the nodal agency under the Commerce Ministry for such investigations. The period of investigation is April 2004 - March 2015. However, for the purpose of analysing injury, the data of previous three years (2012-2014) would also be considered, the notification added.
AA Dry Cell Batteries is primarily used for flashlights, transistors, toys, wall and table clocks, tape recorders, walkman, CD players, cameras, and other electronic equipment.
