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Antidumping duty: Finance Ministry considering DGAD view on solar cells

According to reports, Finance Ministry is considering the suggestions of Director General of Antidumping and Allied Duties to impose duty on imports of solar cells, Parliament was informed today.

DGAD has stated in its findings that solar cells, modules or panels have been exported to India from China, Taipei, Malaysia and USA below the normal value, resulting in the dumping of the product.

The domestic industry has suffered material injury due to the dumping.

DGAD has recommended imposition of anti-dumping duties ranging from $0.11 per watt to $0.81 per watt on the imports of the product from these countries.

The recommendations of the “designated authority (DGAD) are under the consideration of the Ministry of Finance,” Commerce and Industry Nirmala Sitharaman said in a written reply to the Rajya Sabha.

Countries initiate anti-dumping probes to check if the domestic industry has been hurt because of a surge in below- cost imports.

As a counter-measure, they impose duties under the multilateral WTO regime.

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