Submitted to : Dr . Mervin Felix Caleb Submitted by : Abhishek Reddy Mallipeddi
What is This?
2
Anti Dumping Duty
⊡ An anti-dumping duty is a protective tariff that a
domestic government imposes on foreign imports
that it believes are priced below fair market
value/normal value
⊡ This value could go up to dumping margin
⊡ Exporter and country specific
3
Anti Dumping Duty
4
What is Dumping
⊡ Dumping means export of goods by one country
to the market of another country at a price lower
than the normal value.
⊡ If the export price is lower than the normal value,
it constitutes dumping.
5
Dumping
⊡ Normal Value : Normal value is the price at
which the goods under complaint are sold in the
domestic market of the exporting country.
⊡ Export price : Means the price at which it is
exported
⊡ Dumping Margin: The difference between the
Normal value and the export price of the goods.
It is generally expressed as a percentage of the
export price.
6
Dumping
Example :
⊡ Normal value US$ 110 per kg.
⊡ Export price US$ 100 per kg.
⊡ There is dumping in this case as export price is
lower than normal value and dumping margin in
this case is US$ 10 per kg., i.e. 10% of the
export price.
7
Dumping
Why do Dumping occur?
⊡ Unfair subsidies
⊡ Over production
⊡ Un saleable goods
Effects of Dumping :
⊡ Impacts prices in importing country
⊡ May lead to unemployment
8
Anti Dumping Duty
Need for Anti Dumping Duty :
⊡ Anti dumping is a measure to rectify the situation
arising out of the dumping of goods and its trade
distortive effect.
9
Anti Dumping Duty
Legal frame work of Anti Dumping Duty :
Sections 9, 9 A, 9 B and 9 C of the Customs Tariff
Act, 1975 as amended in 1995 and the Customs
Tariff (Identification, Assessment and Collection of
Anti-dumping Duty on Dumped Articles and for
Determination of Injury) Rules, 1995 and Customs
Tariff (Identification, Assessment and Collection of
Countervailing Duty on Subsidized Articles and for
Determination of Injury) Rules, 1995
10
Custom Vs Anti dumping
11
Anti Dumping Duty Customs Duty
To guard against unfair trade
practices
Means of rising revenue and overall
development of economy
Trade remedial measures Trade policies of Govt
Not necessary in nature Necessary
exporter and country specific Universally applicable to all imports
as per country of origin and exporter
Anti Dumping Duty
Recent news :
⊡ The central government has decided not to
impose the anti-dumping duty on imports of flat
rolled products of stainless steel from China,
Korea, European Union, Japan, Taiwan,
Indonesia, USA, Thailand, South Africa, UAE,
Hong Kong, Singapore, Mexico, Vietnam, and
Malaysia
12
Anti Dumping Duty
Recent news :
⊡ The commerce ministry’s investigation arm
DGTR in December last year recommended
imposition of the duty for five years on the
product after concluding in a probe that domestic
industry was impacted due to dumping of the
goods from these countries.
13
Anti Dumping Duty
Recent news :
⊡ The Directorate General of Trade Remedies
(DGTR) suggested the duty in the range of USD
67 per ton to USD 944 per ton. The probe was
conducted following a complaint by the domestic
industry.
14
References
⊡ https://www.dgtr.gov.in/faq
⊡ https://www.investopedia.com/terms/a/anti-dumping-duty.asp
⊡ https://www.financialexpress.com/economy/no-antidumping-duty-on-flat-
rolled-steel-products-from-15-
countries/2291036/?utm_source=whatsapp_web&utm_medium=social&ut
m_campaign=socialsharebuttons
⊡ https://www.google.com/search?q=what+is+dumping+in+economics&rlz=
1C1CHBF_enIN817IN818&oq=what+is+dumping+&aqs=chrome.1.69i57j
0l9.8229j0j7&sourceid=chrome&ie=UTF-8
15
Anti Dumping Duty

Anti Dumping Duty

  • 1.
    Submitted to :Dr . Mervin Felix Caleb Submitted by : Abhishek Reddy Mallipeddi
  • 2.
  • 3.
    Anti Dumping Duty ⊡An anti-dumping duty is a protective tariff that a domestic government imposes on foreign imports that it believes are priced below fair market value/normal value ⊡ This value could go up to dumping margin ⊡ Exporter and country specific 3
  • 4.
  • 5.
    What is Dumping ⊡Dumping means export of goods by one country to the market of another country at a price lower than the normal value. ⊡ If the export price is lower than the normal value, it constitutes dumping. 5
  • 6.
    Dumping ⊡ Normal Value: Normal value is the price at which the goods under complaint are sold in the domestic market of the exporting country. ⊡ Export price : Means the price at which it is exported ⊡ Dumping Margin: The difference between the Normal value and the export price of the goods. It is generally expressed as a percentage of the export price. 6
  • 7.
    Dumping Example : ⊡ Normalvalue US$ 110 per kg. ⊡ Export price US$ 100 per kg. ⊡ There is dumping in this case as export price is lower than normal value and dumping margin in this case is US$ 10 per kg., i.e. 10% of the export price. 7
  • 8.
    Dumping Why do Dumpingoccur? ⊡ Unfair subsidies ⊡ Over production ⊡ Un saleable goods Effects of Dumping : ⊡ Impacts prices in importing country ⊡ May lead to unemployment 8
  • 9.
    Anti Dumping Duty Needfor Anti Dumping Duty : ⊡ Anti dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. 9
  • 10.
    Anti Dumping Duty Legalframe work of Anti Dumping Duty : Sections 9, 9 A, 9 B and 9 C of the Customs Tariff Act, 1975 as amended in 1995 and the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995 and Customs Tariff (Identification, Assessment and Collection of Countervailing Duty on Subsidized Articles and for Determination of Injury) Rules, 1995 10
  • 11.
    Custom Vs Antidumping 11 Anti Dumping Duty Customs Duty To guard against unfair trade practices Means of rising revenue and overall development of economy Trade remedial measures Trade policies of Govt Not necessary in nature Necessary exporter and country specific Universally applicable to all imports as per country of origin and exporter
  • 12.
    Anti Dumping Duty Recentnews : ⊡ The central government has decided not to impose the anti-dumping duty on imports of flat rolled products of stainless steel from China, Korea, European Union, Japan, Taiwan, Indonesia, USA, Thailand, South Africa, UAE, Hong Kong, Singapore, Mexico, Vietnam, and Malaysia 12
  • 13.
    Anti Dumping Duty Recentnews : ⊡ The commerce ministry’s investigation arm DGTR in December last year recommended imposition of the duty for five years on the product after concluding in a probe that domestic industry was impacted due to dumping of the goods from these countries. 13
  • 14.
    Anti Dumping Duty Recentnews : ⊡ The Directorate General of Trade Remedies (DGTR) suggested the duty in the range of USD 67 per ton to USD 944 per ton. The probe was conducted following a complaint by the domestic industry. 14
  • 15.
    References ⊡ https://www.dgtr.gov.in/faq ⊡ https://www.investopedia.com/terms/a/anti-dumping-duty.asp ⊡https://www.financialexpress.com/economy/no-antidumping-duty-on-flat- rolled-steel-products-from-15- countries/2291036/?utm_source=whatsapp_web&utm_medium=social&ut m_campaign=socialsharebuttons ⊡ https://www.google.com/search?q=what+is+dumping+in+economics&rlz= 1C1CHBF_enIN817IN818&oq=what+is+dumping+&aqs=chrome.1.69i57j 0l9.8229j0j7&sourceid=chrome&ie=UTF-8 15