The government today slapped a steep anti-dumping duty on imported picture tubes for colour TVs from China, Malaysia, Thailand and Korea after it found that these countries were “dumping” the product into India.
The duty will range between Rs 878 and Rs 4,369 on a cathode ray colour picture tube (CPT) depending on the size of screen.
The companies affected by the notification of the Department of Revenue include Samsung (Malaysia), LG Philips (Korea), Irico Group Electronics (China), Shenzen Samsug (China).
The decision was based on preliminary findings of the designated authority in the commerce ministry. The findings showed that the goods were being exported to India below their normal value, causing “material injury to the domestic industry”. It was also found that the “injury had been caused by the dumped imports from the subject countries”.
The consumer electronics industry reacted sharply to the government’s decision saying it would make colour TVs more expensive.
“The prices of colour television are set to go up due to the duty,” said Consumer Electronic Appliances Manufacturer Association (CEAMA) President R Zutsi. However, the impact would differ depending on the size of the TV.
