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In order to protect domestic players, the investigation arm of the commerce ministry, DGTR, recommended maintaining countervailing or anti-subsidy duties on welded stainless steel pipes and tubes coming from China and Vietnam.
The Directorate General of Trade Remedies (DGTR) has mentioned in a notification that if the current countervailing tax on imports from these two countries were to end, there is a risk of harm to the home industry.
"The authority has reached a conclusion that the duty imposed on subject goods is required to be extended further. The authority recommends extension of countervailing duties on imports of the product under consideration," the DGTR has said.
The directorate has recommended a duty of up to 29.88% on the product. The finance ministry takes the final decision to impose this duty.
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