2016
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Question
[CLICK ON ANY CHOICE TO KNOW THE RIGHT ANSWER]
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Iran, Indonesia, China, Malaysia and Taiwan
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Iran, Italy, China, Malaysia and Taiwan.
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Iraq, Indonesia, China, Malaysia and Taiwan.
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Iran, Iraq, Chile, Malaysia and Taiwan.
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Detailed explanation-1: -India has imposed anti-dumping duty on untreated fumed silica, used in the production of pharmaceuticals, cosmetics, dyes and food additives, for five years to offset the impact on domestic industry from dumped imports from China and South Korea.
Detailed explanation-2: -Ans. Under the WTO arrangement, the National Authorities can impose duties upto the margin of dumping i.e. the difference between the normal value and the export price. The Indian law also provides that the anti dumping duty to be recommended/levied shall not exceed the dumping margin.
Detailed explanation-3: -The anti-dumping laws state that the Indian government may impose anti-dumping duty after it conducts the inquiry and determines normal value, export value and the margin between two. The government has the power to make anti-dumping rules to identify goods that are liable for levying anti-dumping duty.
Detailed explanation-4: -The recommended duty ranges from USD 114 per tonne to USD 3, 801 per tonne as per the notification released in September. World Trade Organisation (WTO) rules permit the imposition of anti-dumping duties. India and China are both members of this multilateral organisation based in Geneva.