India has extended the anti-dumping duty imposed on certain Chinese tubes and pipes till January 27, 2027 to guard domestic makers from cheap inbound shipments, according to a finance ministry notification.
The duty on ‘seamless tubes, pipes and hollow profiles of iron, alloy or non-alloy steel’ was first imposed on October 28, 2021 for five years.
Amending a notification, the Central Board of Indirect Taxes and Customs (CBIC) has said it extends “the levy of anti-dumping duty… up to and inclusive of 27th January, 2027 unless revoked, superseded or amended earlier”.
The existing duty ranges between $961.33 and $1,610.67 per tonne.
The CBIC has also announced continuation of an anti-dumping duty on imports of ‘Normal Butanol’ or ‘N-Butyl Alcohol’ exported from Malaysia, South Africa, and the United States of America for five years.
It is used in different sectors such as chemicals, paints, adhesives, and coatings.
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.
