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Anti-dumping duty

Part of: Prelims and GS-III- Economy Context Directorate General of Trade Remedies (DGTR) has recommended the imposition of anti-dumping duty on a pharma raw material — Ceftriaxone Sodium Sterile — from China to guard local players from cheap imports.

Ceftriaxone Sodium Sterile is an API used in formulation for treating diseases such as lower respiratory tract infection, skin and surgical prophylaxis.
The Finance Ministry will take the final decision on imposing the duty.

About the DGTR authority

DGTR functions as an attached office of the Department of Commerce, Ministry of Commerce and Industry.
DGTR deals with Anti-dumping, Countervailing Duty (CVD) and Safeguard measures.
It also provides trade defence support to our domestic industry and exporters in dealing with increasing instances of trade remedy investigations instituted against them by other countries.
DGTR provides a level playing field to the domestic industry against the adverse impact of the unfair trade practices

About Anti-dumping Duty

An anti-dumping duty is a protectionist tariff that a domestic government imposes on foreign imports that it believes are dumped.
The imposition of anti-dumping duty is permissible under the World Trade Organization regime.
It is aimed at ensuring fair trading practices and creating a level-playing field for local producers vis-a-vis foreign producers and exporters.
These tariffs can also lead to higher prices for domestic consumers.

What is Active Pharmaceutical Ingredient (API)?

Part of any drug that produces its effects.
Intended to furnish pharmacological activity or other direct effect in the diagnosis, cure, mitigation, treatment, or prevention of disease.

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