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@India imposes anti-dumping duty on TBR tyres from China (21/09/2560)

21 Sep 2017
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In a major development, India has imposed anti-dumping duty on import of certain type of radial tyres used in buses and trucks from China for five years. The move is to protect domestic manufacturers from below cost shipments, news agency PTI has reported. The anti-dumping duty is in the range of USD 245.35 to 452.33 per tonne, said a notification by the Central Board Excise and Customs (CBEC). “The duty has been slapped on “new/unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres) having nominal rim dia code above 16 (inch)” used in buses and lorries/trucks,” PTI report said. The levy follows recommendation for the same by Directorate General of Anti-dumping and Allied Duties (DGAD). Earlier, Automotive Tyre Manufacturers’ Association (ATMA) had filed an application on behalf of the domestic producers — Apollo Tyres, J K Tyre Industries and Ceat, had approached DGAD for investigations in dumping of tyres. In its recommendation, the DGAD had said the domestic industry has suffered huge injury on account of the imports from China. Countries impose anti-dumping duty to guard domestic industry from surge in below-cost imports. India has also imposed similar duties on import of several other products including steel, fabrics and chemicals from different countries including China. Source: rubber asia (20/09/2017)

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