The Finance Ministry has prolonged the anti-dumping tariff on Chinese imports of 'aluminium foil' (5.5 micron to 80 micron) until June 15. This comes after the Directorate General of Trade Remedies (DGTR) launched a sunset review inquiry against China's anti-dumping tax on "aluminium foil" (5.5 micron to 80 micron) in September 2021.
On behalf of domestic industry, Hindalco Industries, Raviraj Foils, and Jindal India filed an application seeking the continuation of anti-dumping duties on "aluminium foil" imports from China. The petitioners claimed that dumping from China had continued even after the installation of anti-dumping duties, and that dumping and harm were likely to continue or recur if the duties were lifted.
It may be noted that on May 16, 2017, the Finance Ministry imposed a five-year decisive anti-dumping charge on "aluminium foil" imports from China.
This charge, which varied from $ 0.69 per kilogramme to $ 1.63 per kilogramme depending on the corporation, was supposed to remain in effect until May 15, but has now been extended until June 15.
Food and pharmaceutical packaging frequently employ aluminium foil. It's also utilised in aseptic packaging, which allows perishable foods to be stored without refrigeration. Aluminium foil is also used to wrap and protect delicate items such as vegetables.
In the World Trade Organization (WTO), India is now the leading user of anti-dumping procedures.
豫公网安备41010502003434号