The Dollar Business Bureau The Government has imposed anti-dumping duty, upto $2.69 per kg, on the imports on fishing net from China and Bangladesh, in order to safeguard the domestic industry from cheap imports. Whereas, in the matter of ‘Fishing Net’ falling under tariff item 5608 11 10 of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) originating in, or exported from China PR and Bangladesh into India, the Designated Authority, has recommended imposition of definitive anti-dumping duty (ADD) on imports of the fishnet, the...
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