No entity can be allowed to avoid anti-dumping duty: SC
By Team Legistify / 2017-07-05

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No entity can be allowed to avoid paying anti-dumping duty, as dumping of cheap steel from China was adversely affecting the Indian steel sector, the Supreme Court said today.

The apex court noted that due to the policies pursued by China, the global steel industry, including that in India, has been affected.

“Due to China’s policies, the entire steel industry in the world has changed and has adversely affected India. We cannot allow anyone to evade the anti-dumping duty,” the bench comprising Justices A K Sikri and Ashok Bhushan said.

It noted that companies were importing cheaper steel from China which has impacted the domestic steel industry across the world.

The apex court made the remarks while reserving its verdict on a plea challenging the order of the Customs, Excise and Service Tax Appellate Tribunal (CESTAT) which has ruled that no anti-dumping duty was liable to be paid by the firms which import Stainless Steel Cold Rolled coils having width of 1256 MM to 1259 MM.

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