India Imposes Dumping Duty on Opal Glassware Imports From China, UAE

[2011-12-07 09:51:43]


India has imposed anti-dumping duty on cheap imports of opal glassware from China and the United Arab Emirates for a period of five years, reports said.

The duty would be between 41.6 percent and 110.17 percent of the landed cost of consignments from China, and for UAE imported glassware it would be 36.73 percent of the cost.

Opal glassware is a milky white glass used in lighting fixtures and tableware.

"The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty, that is, August 9, 2011, and shall be payable in Indian currency," the Department of Revenue has said.

The levy was imposed after the Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal agency under the Commerce Ministry, recommended its imposition following an investigation. In its probe, the DGAD concluded that the domestic industry had suffered a material injury on account of dumping of the product by both nations.

In August, the DGAD had imposed provisional anti-dumping duty on opal glassware from China and the UAE for six months.

Anti-dumping duty is recommended by the Commerce Ministry, while the Finance Ministry imposes the same.
Source: RTTNews
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