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K.R. Srivats

New Delhi, Nov. 28

The Safeguards Authority has turned down the domestic producers' plea for imposition of safeguard duty on coated paper and paperboard imports.

“No safeguard duty has been recommended as there is no serious injury or threat of serious injury to the domestic industry on account of increased imports,” the Director-General (Safeguards) said in his final findings.

ITC, JK paper plea

ITC Limited's paperboards and speciality papers division, Ballarpur Industries and JK Paper Ltd had filed the petition seeking safeguards duty on coated paper and paperboard imports. Indian Paper Manufacturers' Association had supported the application.

The Safeguards Authority noted that the term “serious injury” means significant overall impairment in the position of the domestic industry. It has highlighted that a profit-making domestic industry that has the maximum production, maximum sales, maximum capacity utilisation and been undertaking capacity expansion during the entire period of consideration cannot be said to be in the position of significant impairment.

“There is no evidence that the increased imports at higher prices are threatening to cause serious injury to the domestic industry,” the Director-General (safeguards) said.

The share of imports relative to production has gone up from 30 per cent in 2006-07 to 33 per cent in 2007-08 and 39 per cent in 2008-09 (upto December 2009).

More Stories on : Anti-dumping | Paper | rd & Newsprint

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