NEW DELHI: In response to a request by the domestic sector, the Commerce Ministry (MoCI) has closed an anti-dumping probe into the import of a chemical from China used in the dying industry.
Following a complaint from a domestic company, Atul Ltd., the ministry's investigation branch, the Directorate General of Trade Remedies (DGTR), opened an investigation into the alleged dumping of "sulphur black" from China on September 30, 2022.
However, on April 15 of this year, the petitioner withdrew its petition and asked for the investigation to be stopped, claiming a number of reasons.
According to a notification from the DGTR, "The authority hereby terminates the investigation...against the imports of Sulphur Black originating in or exported from China." It is mostly used to dye yam, viscose staple fibre, and cellulose fibre.
Anti-dumping regulations provide clauses detailing when an inquiry can be ended, including when the affected domestic industry withdraws its application after the investigation was requested by it.
Dumping, as used in international trade, occurs when a nation or business
exports a good at a lower cost than the market price for that good.
Only after a comprehensive inquiry by a quasi-judicial organisation, such as the DGTR in India, is the duty imposed. It aims to guarantee ethical business practises and level the playing field for domestic producers.
