Saturday, October 13, 2012

Imposition of anti-dumping duty on non-radial bias tyres


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. 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. While 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.

Read lot more in Rubber4U – 15th October 2012 issue

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