By CMA R Gopal MFM., M.Phil., FCMA Practicing Cost Accountant The Institute of Cost Accountants of India Erode Chapter - Opportunities to CMA On Anti Dumping duty 21st april 2018--6.00 p.m to 9.00 p.m. By CMA R Gopal MFM., M.Phil., FCMA Practicing Cost Accountant

anti dumpting Dumping is said to occur when the goods are exported by a country to another country at a price lower than its normal value. This is an unfair trade practice which can have a distortive effect on international trade. Anti dumping is a measure to rectify the situation arising out of the dumping of goods and its trade distortive effect. Thus, the purpose of anti dumping duty is to rectify the trade distortive effect of dumping and re-establish fair trade. The use of anti - dumping measure as an instrument of fair competition is permitted by the WTO

purposes means export of goods by a country to another country at a price lower than its normal value. Thus, dumping implies low priced imports only in the relative sense (relative to the normal value), and not in absolute sense. Import of cheap products through illegal trade channels like smuggling do not fall within the purview of anti-dumping measures.3

define Normal Value, Export price and dumping margin

anti dumping application not less than 25% of the total production

collective output constitute more than 50% of the total production

analysed in terms of the volume effect injury analysed in terms of the volume effect

assessment assessable value under the Customs Act and the applicable basic Customs duties except for CVD, SAD, and special duties.

casual relationship volume effect price effect

under cutting by the dumped imports as compared with the price of the like product in India

the difference between the normal value and the export margin of dumping the difference between the normal value and the export price

LIMIT who individually account for less than 3%, should not exceed 7% of the import of the like product

Anti-subsidy countervailing 1.the subsidy is a specific subsidy 2.the subsidy relates to export performance; 3.the subsidy relates to the use of domestic goods over imported goods in the export article; or 4.the subsidy has been conferred on a limited number of persons

various stages of investigation process A. Preliminary Screening: B. Initiation: C. Access to Information: D. Preliminary Findings: E. Provisional Duty: F. Oral Evidence & Public Hearing: G. Disclosure of information: H. Final Determination: I. Time-limit for Investigation Process

exempted 100% EOUs / EPZ units

applicable Individual HUF firm company

No Limit No sales limit No capital limit

150– products are investigated

yarn Taipei, Malaysia, Indonesia ,Thailand and Korea RP. Anti-dumping investigation concerning imports of ‘Flax Yarn' originating in or exported from China PR Partially Oriented Yarn POY from china Viscose Filament Yarn from China PR and Ukraine Partially Oriented Yarn (POY) from Korea and Turkey Partially Oriented Yarn (POY) from Indonesia, Chinese Taipei, Thailand and Malaysia Nylon Filament Yarn fromChina PR, Chinese Taipei, Malaysia, Indonesia ,Thailand and Korea RP.

STEEL Seamless tubes pipes and hollow profiles of iron alloy or non_alloy steel other than cast iron

PAPER Anti-Dumping investigation concerning imports of “Coated Paper” originating in or exported from China PR, European Union & USA. Thermal Sensitive Paper from Japan, Finland, Germany and European Union UAE

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