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The total quantum of import of vanaspati including bakery shortening and margarine under Indo-Sri Lanka Free Trade Agreement shall be restricted to 3,12,500 MT for the year 2007-08 in four equal quarterly installments to be spread on monthly basis.
The subject goods are entering the Indian market at dumped prices and dumping margin from subject country is significant and above de minimis. The subject goods are likely to enter the Indian market at dumped prices, should the present measures be withdrawn.
