Thursday, October 19 2017

August 7, 2017

India can impose anti-dumping duty on certain Chinese tyres

Anti dumping duty of up to 452.33 USD per tonne may imposed by India on a certain variety of Chinese pneumatic radial tyres to guard domestic players from cheap imports.Directorate General of Anti-dumping and Allied Duties (DGAD) – has concluded in its final findings that domestic companies have suffered material injury because of the dumped imports of these tyres from China.The recommended duty ranges between 277.53 US dollar per tonne and 452.33 US dollar per tonne. While the DGAD suggests the duty, the finance ministry imposes it.India has imposed similar duties on import of several other products, including steel, fabrics and chemicals from different countries, including China.