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News Update

Indian Government imposes Anti-Dumping Duty on Black Toners Imports

by Imaging Solution Bureau August 11, 2020
written by Imaging Solution Bureau August 11, 2020 0 comments
852

The duty on a tonne of black toner would range from $196 for imports from Taiwan, $834 from China and $1686 from Malaysia. India seeks to impose provisional anti-dumping duty on imports of black toner in powder form originating in or exported from China, Malaysia and Chinese Taipei for six months, according to a government order issued on Aug 10. The duty on a tonne of black toner would range from $196 for imports from Chinese Taipie, $1686 for imports from Malaysia and $834 for those originating in or exported from China, it said.

In international trade parlance, dumping happens when a country or a firm exports an item at a price lower than the price of that product in its domestic market. Dumping can impact the prices of that product in the importing country, hitting margins and profits of manufacturing firms.

According to global trade norms, a country is allowed to impose tariffs on such dumped products to provide a level-playing field to domestic manufacturers. The duty is imposed only after a thorough investigation by a quasi-judicial body, such as DGTR, in India.

The imposition of anti-dumping duty is permissible under the World Trade Organization (WTO) regime. 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.

Anti-Dumping DutyBlack Toners ImportIndian Government
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