Tag: DGAD

Nepal wants India to roll back duty on imported jute products

The heavily export-dependent jute mill industry in Nepal wants India to withdraw the recently imposed countervailing duty (CVD) of 12.5% on sacking bags and hessian cloth imports. Both the country’s Foreign Trade Association and Nepal Jute Mills Association (NJMA) say the duty goes against the sp…

Govt recommends 5-20% anti-dumping duty on jute

Commerce Ministry arm DGAD has recommended anti-dumping duty of 5-20 per cent on jute and jute products to protect the domestic industry. The recommendations of the Directorate General of Anti-Dumping and Allied Duties (DGAD) would require Finance Ministry’s nod before the anti-dumping duty…