In a move designed to protect the domestic industry, the government imposed anti-dumping duty of up to 44.7 percent on import of plastic-processing machines from Chinese Taipei, Malaysia, the Philippines and Vietnam for five years.

• The duty will be levied on imports of all kinds of plastic-processing or injection-moulding machines, also known as injection presses.
• The Central Board of Excise and Customs (CBEC) said the safeguard duty covers imports from the countries in question and has been imposed after the domestic industry took a beating from such dumping.
• Plastic-processing or injection-moulding machines are used for processing or moulding plastic materials.
• CBEC has found that import of these goods has led to deterioration of performance of the domestic industry and the injury is significant and material.

A notification of the Revenue Department said anti-dumping duty of 27.98 percent has been imposed on plastic-processing machines imported from Chinese Taipei.

• Countries initiate an anti-dumping probe to determine if the domestic industry has been hurt by a surge in below-cost imports.
• Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to the domestic industry. They are not a measure to restrict imports or cause an unjustified increase in cost of products.

Anti Dumping Duty: An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value.