Rashtra NewsRashtra News
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Notification Show More
Font ResizerAa
Rashtra NewsRashtra News
Font ResizerAa
  • National
  • Rashtra News Hindi
Search
  • National
  • Business
  • Education
  • Entertainment
  • Finance
  • Insurance
  • Jobs
  • Sports
  • Stock Market
  • Technology
Follow US
Rashtra News > Latest News > Business > Business News: India initiates anti-dumping probe against imports of vinyl tiles from China, Taiwan, Vietnam
Business

Business News: India initiates anti-dumping probe against imports of vinyl tiles from China, Taiwan, Vietnam

News Reporter
Last updated: January 26, 2022 11:44 am
News Reporter
Share
3 Min Read
Business News: India initiates anti-dumping probe against imports of vinyl tiles from China, Taiwan, Vietnam
SHARE

India initiates anti-dumping probe against imports of vinyl tiles from China, Taiwan, Vietnam : Rashtra News

#India #initiates #antidumping #probe #imports #vinyl #tiles #China #Taiwan #Vietnam

India has initiated an anti-dumping probe against imports of a certain type of tiles, used for covering the floors in residential and commercial buildings, from China, Taiwan and Vietnam following a complaint by domestic players.

The commerce ministry’s investigation arm Directorate General of Trade Remedies (DGTR) is probing the alleged dumping of “Vinyl Tiles other than in roll or sheet form”.

Welspun India Ltd, Welspun Flooring Ltd and Welspun Global Brands Ltd had filed a petition before the directorate to impose anti-dumping duty on the imports from China, Taiwan and Vietnam, according to a notification of the DGTR.

The applicants, it said, have alleged that the dumping of the product is materially affecting the domestic industry which started commercial production in September 2019.

They have submitted that the industry and the product are at a nascent stage.

The directorate said “on the basis of the duly substantiated written application by or on behalf of the domestic industry, and having satisfied itself, on the basis of the prima facie evidence submitted by the industry about the dumping…the authority hereby initiates an investigation.”

If it is established that the dumping has caused material injury to the domestic players, the DGTR would recommend the imposition of anti-dumping duty on these imports. The finance ministry takes the final decision to impose the duties.

Countries start anti-dumping probes to determine whether their domestic industries have been hurt because of a surge in cheap imports.

As a countermeasure, they impose these duties under the multilateral regime of the Geneva-based World Trade Organisation (WTO). The duty is aimed at ensuring fair trading practices and creating a level-playing field for domestic producers vis-a-vis foreign producers and exporters.

India has already imposed anti-dumping duty on several products to tackle cheap imports from various countries, including China.

Latest Sports News | Latest Business News

( News Source :Except for the headline, this story has not been edited by Rashtra News staff and is published from a economictimes.indiatimes.com feed.)

Related searches :

  • top business news today
  • business news hindi
  • world business news
  • business news economic times
  • business news share market
  • business news live
  • business news india live
  • zee business news

Related

TAGGED: anti dumping probe, antidumping, business, China, imports, india, initiates, News, probe, Taiwan, tiles, Vietnam, vinyl
Share This Article
Facebook Twitter Copy Link Print
What do you think?
Love0
Sad0
Happy0
Sleepy0
Angry0
Dead0
Wink0
Surprise0
Joy0
Leave a comment

Leave a Reply Cancel reply

Your email address will not be published. Required fields are marked *

You Might Also Like

DSL Express Packers and Movers: Leading the Way in Safe and Affordable Relocation Services in Pune and Mumbai
Business

DSL Express Packers and Movers: Leading the Way in Safe and Affordable Relocation Services in Pune and Mumbai

1 month ago
Why Should You Hire Packers And Movers?
Business

Why Should You Hire Packers And Movers?

2 months ago
What Should You Know Before Hiring Packers & Movers?
Business

What Should You Know Before Hiring Packers & Movers?

2 months ago
DSL Packers and Movers in Pune: Setting a New Benchmark in Safe and Affordable Relocation
Business

DSL Packers and Movers in Pune: Setting a New Benchmark in Safe and Affordable Relocation

2 months ago

About RashtraNews.com

We're your comprehensive news source, covering a wide range of topics to empower you in all aspects of life. From navigating the world of finance (market trends, personal tips, loans, mortgages, credit) and legal matters (attorneys, lawyers), to staying ahead of the curve in technology (advancements, automobiles, business news) and education (careers, job opportunities, classes), RashtraNews.com keeps you informed.

Latest Updates

  • What Should You Know Before Hiring PUNE Packers & Movers?
  • DSL Express Packers and Movers: Leading the Way in Safe and Affordable Relocation Services in Pune and Mumbai
  • Why Should You Hire Packers And Movers?
  • What Should You Know Before Hiring Packers & Movers?
  • DSL Packers and Movers in Pune: Setting a New Benchmark in Safe and Affordable Relocation
  • A Comprehensive Guide to Transportation, Logistics, and Relocation Services Across Cities
  • Global Markets in Turmoil Amid Rising Inflation and Escalating Trade Tensions

Helpful Link

  • Automobile77
  • Business4,347
  • Crime129
  • Education4,542
  • Entertainment58
  • Finance5
  • India9,623
  • Insurance3
  • Legal News6
  • Lifestyle21
  • Media News79
  • Medical Education1
  • Politics4,340
  • Press Release5,319
  • Software100
  • Sports3,095
  • Stock Market2
  • Technology3,180
  • Top Stories7
  • World2,907

Contact Us

To send your suggestions to "Rashtra News", email: [email protected]

To send articles, news, or your opinions: [email protected]
For Business and other enquiries: [email protected]

If you‘ find any violation of the editorial code of conduct or have any other complaint about the content or video content published on "Rashtra News"’, you can send your complaint to our Grievance Officer by clicking on the Grievance Redressal link.

Follow US
©2011-2024 rashtranews.com
  • About Rashtra News
  • Ownership & funding
  • Corrections Policy
  • Fact Checking Policy
  • Privacy Policy
  • Terms of Use
  • Subscribe Now
  • Become a Author
  • Partnership With Us
Go to mobile version
adbanner
AdBlock Detected
Our site is an advertising supported site. Please whitelist to support our site.
Okay, I'll Whitelist
Welcome Back!

Sign in to your account

Lost your password?