NEW DELHI: India has imposed anti-dumping duty on tempered glass, used mostly to protect touchscreen mobile devices, from China for five years to protect the domestic industry from belowcost imports.
The duty, ranging between $2.85 and $136.21 per tonne, has been levied on textured toughened (tempered) coated and uncoated glass.
Investigations by the Directorate General of Anti-Dumping and Allied Duties had found that the tempered glass has been exported to India from China below its associated normal value and that the domestic industry has suffered material injury which was caused by the dumped imports of the goods from China.
Commerce and industry minister Nirmala Sitharaman had earlier this month said that anti-dumping duty was in force on 93 products which were imported from China.
These products fall in the broad groups of chemicals and petrochemicals, products of steel and other metals, fibres and yarn, machinery items, rubber or plastic products, electric and electronic items and consumer goods, among others.
Apart from protecting domestic industry, the anti-dumping levy will also help curb India’s alarming trade deficit with China. India’s imports from China grew 2.13% to $61.70 billion in 2015-16, but dropped almost 0.7% to $61.28 billion in the subsequent year.
Source: economictimes.indiatimes.com