| Date: |
12-10-2012 |
| Subject: |
India Imposes Anti-Dumping Duty On Non-Radial Bias Tyres |
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The Finance Ministry has imposed definitive anti-dumping duty on non-radial bias tyres (used in buses and trucks) from China and Thailand. This duty will be valid for a period of five years, reports said.
The move follows recommendation from the Designated Authority in the Commerce Ministry to continue anti-dumping duty on imports of non-radial bias tyres from Thailand and China.
The anti-dumping duty will also be applicable on certain tubes and flaps.
In the case of imports from Thailand, the anti-dumping duty has been pegged at $0.86/kg.
For imports from China, the anti-dumping duty has been pegged at $1.12/kg for tyres produced by Hangzhou Zhongce Rubber Co. Ltd. In all other cases of imports from China, the anti-dumping duty has been pegged at $1.31/kg.
Source : rttnews.com
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