Anti-dumping duty extended on gypsum plaster boards for 1 yr

The government has extended an anti-dumping duty on imports of gypsum plaster boards from China, Indonesia, Thailand and UAE to protect domestic players.

Saint-Gobain India Pvt Ltd had sought extension of the duty on the imports of the boards from these four countries.

In April 2013, anti-dumping duty of up to USD 73.8 per cubic meter was imposed till June 7 this year.

"...unless revoked earlier, (the duty) shall remain in force up to and inclusive of the 6 June 2018," the finance ministry has said in a notification.

Countries impose anti-dumping duties to guard domestic industry from surge in below-cost imports.

India has also imposed similar duties on several other products including steel, fabrics and chemicals being exported by different countries here like China.

Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.

They are not a measure to restrict import or cause an unjustified increase in cost of products.

(This article has not been edited by DNA's editorial team and is auto-generated from an agency feed.)