To protect the domestic industry from low-cost imports, the DGTR division of the commerce ministry has recommended imposing anti-dumping duties on imports of a specific type of optical fiber from China, Korea, and Indonesia. After looking into the dumping of "Dispersion Unshifted Single-mode Optical Fibre" imports from these nations, the Directorate General of Trade Remedies (DGTR) has suggested the tariff.
The product is mainly used for access networks, long-distance, and high-data-rate transportation.
On behalf of the domestic industry, Birla Furukawa Fibre Optics Pvt. Ltd has requested the start of an anti-dumping investigation into this product coming from these nations.
The applicant had requested the application of the taxes and claimed that the imports were being dumped and were causing serious harm to the domestic sector.
According to the directorate's findings, the domestic industry has been materially harmed by the dumping of imports.
The applicant lost money and negatively impacted the profitability standards of the local industry as a result of being forced to sell the goods below their cost of sales due to the existence of dumping imports on the Indian market, according to DGTR in a notification.
To stop the harm to the domestic industry, "the authority recommends imposition of definitive anti-dumping duties," it stated. The proposed duty was between USD 122 and USD 857.23 per KFKM.
This product is traded in FKMs (fiber kilometers). 1,000 FKM equals 1 KFKM. The finance ministry decides whether to impose the duty within three months following the DGTR's recommendation, which is part of the commerce ministry.
Anti-dumping investigations are launched by nations to determine whether an increase in imports at below-cost prices has harmed their domestic sectors. They impose duties as a retaliatory action under the multinational WTO (World Trade Organisation) policy.
Anti-dumping measures guarantee fair trade and give the domestic industry a level playing field. It is not intended to limit imports or push up the price of goods unjustifiably.