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Anti Dumping Duty

Anti-dumping duty is a protective tariff imposed by the government on foreign imports priced below fair market value, aiming to shield domestic industries from unfair trade practices. Permitted under World Trade Organization (WTO) rules, such duties must be backed by solid evidence and follow a defined legal process. The goal is not to hinder trade, but to ensure fair competition and prevent injury to local industries caused by low-priced dumping of goods by foreign exporters.

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Anti Dumping Duty

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  1. Anti Dumping Duty Anti-dumping duty is a trade remedy imposed on foreign imports sold below fair market value to protect domestic industries from unfair pricing. Permitted under WTO rules, it ensures fair competition without restricting trade. In India, the Directorate General of Trade Remedies (DGTR) oversees all anti-dumping measures. OBJECTIVES OF ANTI DUMPING DUTY Prevent unfair trade practices Promote fair competition for domestic manufacturers Maintain healthy market competitiveness Protect local jobs and industrial investments CHALLENGES FACED BY COMPANIES Handling intricate legal documentation Preparing and submitting DGTR questionnaires Filing cost and injury data in the required format Managing strict timelines and regulatory compliance At SKMC Global specializes in corporate governance and compliance in India, offering expert guidance on director compensation to help companies align with legal frameworks and best practices. +91 989-125-5499 info@skmcglobal.com www.skmcglobal.com

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