New Delhi, June 27 -- The Central Government has imposed anti-dumping duties ranging from 27 percent to 63 percent on plastic processing machinery imported from China and Taiwan.
The move is intended to shield India's domestic manufacturing sector from the adverse effects of unfair trade practices.
The decision, formalised through a Department of Revenue notification on June 26, follows a comprehensive investigation by the Directorate General of Trade Remedies (DGTR).
The DGTR concluded that the concerned imports were being dumped into the Indian market-sold at prices significantly below their normal value in the country of origin-causing "material injury" to Indian manufacturers.
The affected equipment, classified under tariff codes ...
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