Anti-dumping duty on Chinese penicillin

Govt mulls the move to protect domestic industry

PTI | February 22, 2010



India is considering imposing an anti-dumping duty on import of two variants of anti-bacterial drug pencilin to protect the domestic industry from cheap Chinese and Mexican shipments.

"The provisional anti-dumping duty to be imposed on Penicillin-G Potassium and 6-Amino Penicillanic Acid would range between $18.54 per billion oxford units (BOU) and $2.10 per BOU," a commerce ministry official said.

The Directorate General of Anti-dumping and Allied Duties (DGAD) in its preliminary findings has suggested the commerce ministry to impose the duty to check the damage done to the domestic industry, the official said.

However, the imposition of the anti-dumping duty is notified by the finance ministry.

Acting on complaints from the Vadodara-based Alembic and Chennai-based Southern Petrochemical Industries Corporation (SPIC), DGAD, the nodal investigating agency, had initiated the probe into dumping of the two products from China and Mexico.

Comments

 

Other News

Fifty shades of Kabirgiri

Kabir’s Notbook By Anand Penguin, 332 pages, Rs 499.00 Mystics, sages and seers, there have been many in

“Spirit of connecting with faith, heritage the greatest asset of today`s India”

Speaking in the Lok Sabha on the successful conclusion of the Mahakumbh on Tuesday, prime minister Narendra Modi extended his heartfelt salutations to the countless citizens of the nation, whose efforts ensured the grand success of the mega event. Highlighting the collective contributions of various indivi

Not just Delhi: Winter pollution spike across megacities

Irrespective of their diverse geographic and climatic contexts, India’s megacities of India – Delhi, Mumbai, Kolkata, Bengaluru, Hyderabad and Chennai – have seen worsening PM2.5 levels this winter. The overall level and the peaking points of pollution have, however, varied across cities

Delving deep into the mind of an ideologue

The New Icon: Savarkar and the Facts By Arun Shourie India Viking, 560 pages, Rs 999.00 When Vinayak Damodar Sava

18 Maharashtra districts being solar electrified

Maharashtra chief minister Devendra Fadanavis has said 18 districts in Maharashtra are being solar electrified. The solar electrification of primary health centers in eight districts has been completed, and work in other 10 districts of the state is in progress. The solar electrification ini

6G Spectrum Technology to be available by 2030

Currently, the 6G technology is under development phase at international level and is expected to be available by 2030. The PM released India`s 6G vision "Bharat 6G Vision" document on March 23, 2023 which envisaged India to be a frontline contributor in design, development and de

Visionary Talk: Amitabh Gupta, Pune Police Commissioner with Kailashnath Adhikari, MD, Governance Now



Archives

Current Issue

Opinion

Facebook Twitter Google Plus Linkedin Subscribe Newsletter

Twitter