| Date: |
19-07-2010 |
| Subject: |
Provisional dumping duty on glass fibre from China |
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The Finance Ministry has imposed provisional anti-dumping duty on glass fibre imports from China.
The duty would also be applicable on glass fibre articles imported from China.
Owens Corning India Limited, Mumbai, and OCV Reinforcement Manufacturing Limited, Hyderabad, had filed the petition seeking anti-dumping probe on glass fibre imports from China.
The petition was supported by Goa Glass Fibre Ltd, Mumbai. The Designated Authority in the Commerce Ministry in June recommended imposition of provisional anti-dumping duty on glass fibre imports from China.
Glass fibre articles are essentially a reinforcement material. Such articles are made from extremely fine fibres of glass.
The various uses of glass fibre articles include thermal insulation, electrical insulation, tent poles, automobile bodies, hockey sticks, surfboards, boat hulls, translucent roof panels and paper honeycomb.
The provisional anti-dumping duty will be effective up to January 13 next year.
The duty will be a specified percentage of the cost, insurance and freight (c.i.f) value of the imports.
The Finance Ministry has specified different rates for different exporters of glass fibre from China.
Source : The Hindu Business Line
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