Union Government imposes anti-dumping duty on sodium nitrate imports from China

Posted on:28 Aug 2017 09:57:08
Union Government imposes anti-dumping duty on sodium nitrate imports from China
28 August 2017 Current Affairs: The Union Finance Ministry’s Revenue Department imposed a five-year anti-dumping duty on Sodium Nitrite imports from China.

It was imposed based on recommendations of Directorate General of Anti-dumping and Allied Duties (DGAD).

Sodium Nitrite is a white crystalline powder. It is an oxidizing and also a reducing agent. It is mostly used in the pharmaceutical and dye industries.

Countries impose anti-dumping duties to safeguard domestic industry from a surge in below-cost imports.

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