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Did the industry seek the right remedy?
by Ashish Kumar on Apr 22, 2007 02:55 PM

A number of industries who have tried the short-cut of seeking relief through anti-dumping duty by invoking the ground of China being a non-market economy have similarly suffered. If the domestic price of yarn was actually established to be higher than the export prices then chances are that the fabric also is being dumped and the industry should go for anti-dumping duty on fabrics too. If no direct evidence was available to establish that the domestic prices were higher than the export prices then it is possible that the proper course of action was to go in safeguard duty under Section 8C of the Customs Tariff Act, 1975. The safeguard duty is another trade protection measure under the WTO regime. If there are any trade associations in this industry or there are any Govt. Department/organization entrusted with welfare of this industry, they should check up the web site www.dgsafeguards.gov.in for further details.

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The above message is part of the Discussion Board:
The rise & fall of Benarasi silk