Don’t miss the latest developments in business and finance.

Anti-dumping duty on import of tiles from China

Image
Press Trust of India New Delhi
Last Updated : Mar 30 2016 | 7:48 PM IST
The government today slapped anti-dumping duty on import of tiles from China to protect the domestic industry.
Anti-dumping duty of USD 1.37 per square meter was imposed on import of glazed/unglazed porcelain/vitrified tiles in polished or unpolished finish with less than 3 per cent water absorption for a period of six months, CBEC said in a notification.
An investigation by Directorate General of Anti-dumping and Allied Duties (DGAD) found that tiles from China are being "exported to India below normal value", CBEC said.
"The anti-dumping duty imposed under this notification shall be levied for a period not exceeding six months (unless revoked, amended or superseded earlier) from the date of publication of this notification in the Gazette of India and shall be paid in Indian currency," CBEC said.
In a separate notification, CBEC also imposed anti-dumping duty on import of 2-Ethyl Hexanol (2EH), which is used for manufacturing specialty chemicals, from the European Union, Indonesia, Korea, Malaysia, Chinese Taipei and United States of America.
The anti-dumping duty USD 53.63 to 107.30 per ton was imposed on import of 2EH from Malaysia and USD 15.55 per on supplies from Korea for five years.

More From This Section

Imports from EU would attract USD 45.47 to USD 113.47 per ton. Anti-dumping duty of USD 29.61 per ton would be imposed om imports from US, USD 42.45 per ton on imports from Taiwan and USD 45.67 per ton on imports from Indonesia.
2EH is used to manufacture various chemicals that further serve diverse industries that include automotive, paints, and building & construction.
CBEC said DGAD has in its investigation found the 2EH had entered the Indian market from the European Union, US, Korea, Chinese Taipei, Malaysia and Indonesia at prices less than their normal values and the dumping margins of the dumped imports from these countries are substantial and above de minimis.
Domestic industry has suffered material injury because of this, it said.
"The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency," CBEC said.

Also Read

First Published: Mar 30 2016 | 7:48 PM IST

Next Story