The European Union has imposed a provisional anti dumping duty of up to 31.2 percent on imports of water and sewage pipes from India for six months to protect its industry. Indian exporters of these pipes to the EU market will be impacted by the move. The European Commission in its anti-dumping probe has “concluded at this stage that the material injury to the union industry was caused by the dumped imports from India”.

While 15.3% provisional anti-dumping duty has been imposed on exports by Electrosteel Casting Ltd, there would be 31.2% levy on shipments from Jindal Saw Ltd and other companies. The Indian import volumes increased significantly by over 22% during October 2013 and September 2014, it said. The probe was initiated following complaints by Saint-Gobain PAM Group on behalf of producers.

Why Countries Initiate Anti-Dumping Probes?

Countries usually initiate anti-dumping probes to check if domestic industry has been hurt because of a surge in below- cost imports. As a counter-measure, they impose duties under the multilateral World Trade Organization regime.

Test Your GK

Recently, the Finance Ministry has imposed definitive anti-dumping duty on ‘flax’ or ‘linen’ fabric imports from ________ and __________.