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Q.

Please let us all know what is Anti Dumping and Anti Dumping Duty then >>>

Tags: relationships, duty, anti dumping
Asked by RANGBARSE, 11 Oct '13 01:48 pm
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Answers (3)

1.

Anti dumping and anti subsidies & countervailing measures in India are administered by the Directorate General of Anti dumping and Allied Duties (DGAD) functioning in the Dept. of Commerce in the Ministry of Commerce and Industry and the same is headed by the "Designated Authority". The Designated Authoritys function, however, is only to conduct the anti dumping/anti subsidy & countervailing duty investigation and make recommendation to the Government for imposition of anti dumping or anti subsidy measures. Such duty is finally imposed/levied by a Notification of the Ministry of Finance. Thus, while the Department of Commerce recommends the Anti-dumping duty, it is the Ministry of Finance, which levies such duty.
Answered by anil garg, 15 Oct '13 05:04 pm

 
  
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2.

Anti-Dumping Duty (ADD) is an import duty charged in addition to normal customs duty and is applied across the whole European Community. It is designed to allow the EC to take action against goods that are sold at less than their normal value - that being defined as the price for 'like goods' sold in the exporters home market.
Answered by Quest, 11 Oct '13 08:36 pm

 
  
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3.

Anti-Dumping Duty (ADD) is an import duty charged in addition to normal customs duty and is applied across the whole European Community. It is designed to allow the EC to take action against goods that are sold at less than their normal value - that being defined as the price for 'like goods' sold in the exporters home market.

if a company exports a product at a price lower than the price it normally charges in its home market, it's said to be dumping the product. Member countries of the World Trade Organisation may be able to impose certain measures on other members that dump products on their markets.
Answered by Stone Heart, 11 Oct '13 01:52 pm

 
  
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