ANNOUNCEMENT 31 Mar 2017
In March 2017, the Indian Directorate General of Antidumping & Allied Duties, Ministry of Commerce and Industry initiated an antidumping investigation on imports of fishing nets from Bangladesh and China. In April 2018, definitive duties were imposed.
NUMBER OF INTERVENTIONS
Government of India, Ministry of Commerce and Industry, Department of Commerce, Directorate General of Anti-Dumping & Allied Duties, Case No. Ol 23/2017, file No. 14/44/2016-DGAD of 31 March 2017: http://www.dgtr.gov.in/sites/default/files/initiation-english-fishnet.pdf
Government of India, Ministry of Finance, Department of Revenue, Notification No. 20/2018-Customs (ADD), 10.04.2018: http://www.cbic.gov.in/resources//htdocs-cbec/customs/cs-act/notifications/notfns-2018/cs-add2018/csadd20-2018.pdf
The antidumping investigation was initiated on 31 March 2017. The products subject to investigation are classified under the following HS code subheading: 5608.11.10. The investigation follows the application lodged by the Indian Fishnet Manufacturers Association.
On 10 April 2018, the Indian authorities imposed a definitive antidumping duty on imports of fishnet or fishing nets from China or Bangladesh. The rate of duty on imports from China is USD 1.51 or 2.19 per kg depending on the company. The rate of duty on imports from Bangladesh is USD 2.69 per kg. The duty is in force for a period of five years.