Anti-Dumping Duties and Trade Remedial Measures: The Case of Dumping of Chinese Goods in India
Journal Title: VISION: Journal of Indian Taxation - Year 2018, Vol 5, Issue 2
Abstract
While China is an important trading partner for India, the increasing imports from China have taken its toll on our manufacturing sector. Many of these imports amount to dumping with goods being sold in the foreign market at a price below the domestic selling price. The deluge of Chinese imports in the Indian market is wiping out many domestic industries and is a cause for serious concern. The quality of these products is often questionable and there is an urgent need to educate and encourage people about the importance of quality products and promote buying of Indian goods. To deal with the detrimental effects of dumping in the Indian market, the government of India has employed measures such as anti-dumping duties and anti-subsidy duties. These measures are not meant to ensure general economic protection to domestic industry per se but are imposed only to ensure a level playing field for the domestic industry to mitigate the injury caused to them due to unfair practices of dumping or subsidization.
Authors and Affiliations
Rahul Bhasin
Keywords
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- EP ID EP625282
- DOI 10.17492/vision.v5i2.14519
- Views 205
- Downloads 0
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