India News | India Slaps Anti-dumping Duty on Certain Steel Imports from China, Vietnam, South Korea
Get latest articles and stories on India at LatestLY. India on Tuesday imposed anti-dumping duty on imports of certain type of steel products from China, Vietnam and South Korea for a period of five years in a bid to guard domestic manufacturers from cheap imports from these countries.
New Delhi [India], June 24 (ANI): India on Tuesday imposed anti-dumping duty on imports of certain type of steel products from China, Vietnam and South Korea for a period of five years in a bid to guard domestic manufacturers from cheap imports from these countries.
"The provisional anti-dumping duty on imports of 'flat-rolled product of steel, plated or coated with alloy of aluminium/zinc' originating in or exported from China, South Korea & Vietnam shall be effective for a period of 5 yrs from date of imposition that is 15th Oct, 2019," the notification from the revenue department said.
The imposition of anti-dumping duty on exports comes amid a border dispute with China in Ladakh which has resulted in the death of 20 Indian soldiers in clashes with Chinese troops earlier this month. (ANI)
(The above story is verified and authored by ANI staff, ANI is South Asia's leading multimedia news agency with over 100 bureaus in India, South Asia and across the globe. ANI brings the latest news on Politics and Current Affairs in India & around the World, Sports, Health, Fitness, Entertainment, & News. The views appearing in the above post do not reflect the opinions of LatestLY)