India Report
Welcome Guest Login | Sign Up | My News | Business Pentatonic
Choose Themes
BREAKING NEWS  
Narrow escape for students as lightening strikes Jammu school            India lose Nagpur test            Widespread rains across Punjab, Haryana; mercury rises            Students go on rampage against pvt coaching centres in Patna            One killed, six injured in landslides           
Business

India imposes safeguard duty on soda ash import from China

Published:
 Feedback  Sign in to Email  Print  Discussion

New Delhi, Apr 21 India today imposed a safeguard duty of 20 per cent on import of soda ash from China, as supplies of the key raw material for detergents increased from the neighbouring country harming the domestic industry.

The Department of Revenue notified the imposition of safeguard duty on the basis of findings stating," Increased imports of soda ash into India from the People&aposs Republic of China had caused. Market disruption to domestic industry of soda ash."

The deterrent duty on soda ash imports from China will remain in force up to November this year.

The decision on safeguard duty follows representations from the domestic manufacturers like Tata Chemicals, Nirma Ltd and Gujarat Heavy Chemicals, complaining that imports from China had surged and were affecting their interests.

The share of imports of soda ash from China in relation to domestic production have increased from 0.44 per cent in 2005-06 to 2.59 per cent in April-September 2008-09.
Source:
 
 
Share this Bookmark to: Webnews Bookmark to: Bookmarks.at Bookmark to: Folkd Bookmark to: Digg Bookmark to: Facebook Bookmark to: Reddit Bookmark to: Jumptags Bookmark to: Slashdot Bookmark to: Propeller Bookmark to: Furl Bookmark to: Yahoo Bookmark to: Spurl Bookmark to: Google Bookmark to: Blinklist Bookmark to: Technorati Bookmark to: Blinkbits Bookmark to: Smarking Bookmark to: Netvouz Information
*User Name
Note: All fields marked with*are mandatory.
*Password
*Security Image
Comments
  
Total Comments
FEATURED ARTICLES