TPM was founded in 1999 at a time when the practice of trade remedies in India was in its infancy and there were only a handful of firms in the field. While other firms added this portfolio in their existing portfolios, TPM dealt exclusively in cases in the domain of trade remedies. TPM began its journey with a staff of merely 2 professionals. Today, it has a team of more than 40 professionals including Cost Accountants, Chartered Accountants, Company Secretaries, Lawyers, Engineers and MBAs. From the beginning, TPM was focused…
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Updates
Final Findings issued recommending imposition of anti-dumping duty on imports of Vinyl Tiles from China PR and Taiwan (23.01.2023)
Final Findings issued recommending imposition of anti-dumping duty on imports of Ursodeoxycholic Acid (UDCA) from China PR and Korea RP (19.01.2023).
Insights
Addressing Input Cost Distortions in Dumping Margin Calculations
In an anti-dumping investigation, the dumping margin for an exporter is normally determined as the difference between the selling price of the goods in the home market of such exporter, referred to as normal value, and the export price of the exporter to the investigating country. However, the WTO Anti-Dumping Agreement lays down three situations wherein the domestic selling price of the exporter would be disregarded, and normal value would be determined on alternative basis. One such situation is the existence of a “particular market situation” in the home market of the exporter, which prevents proper comparison with the export price. Meaning of particular market situation While the Agreement provides that domestic selling price may be disregarded in case of a particular market situation, it…