DGAD recommends anti-dumping duty on TBR import from China
The Dollar Business Bureau
The Directorate General of Anti-Dumping and Allied Duties (DGAD), in its final report, has recommended that anti-dumping duty is to be imposed on the imports of truck and bus radial (TBR) tyres from China.
The DGAD has submitted its report to the Ministry of Finance, which will come out with the final decision and issue a notification regarding the same.
After investigations, the Authority has come to a conclusion that TBR has been exported by China to India below the normal prices, causing material injury to the local industry.
There has been substantial rise in the dumped imports of TBR and the landed value of imported products have been considerably lower than the level of cost of selling of the domestic industry, it noted.
In its report, DGAD has recommended anti-dumping duty on export-specific basis in the range of $245.35-$452.33 per tonne.
The injury period for the investigations has been considered since April 2012.
Last week, it was reported that the Commerce Ministry was planning to levy anti-dumping duty on import of TBR.
“As per information received from Rubber Board, Ministry of Commerce & Industry, imposition of anti-dumping duty on import of truck and bus radial tyres is under process with the DGAD,” MoS for Micro Small and Medium Enterprises (MSME) Haribhai Parthibhai Chaudhary said in a written reply to the Lok Sabha.
Chaudhary has said that as per the information received from Rubber Board, rubber products such as tyres are entering India from China at a lower duty, 8.6%, under the Asia-Pacific Trade Agreement (APTA) against the basic duty of 10%, resulting in surge of imports of the products from the country.
The main rubber products that are imported from China are new pneumatic tyres (HS Code 4011) and other articles of vulcanised rubber (HS Code 4016). Most of these products are manufactured by MSMEs in India.
Automotive Tyre Manufacturers' Association (ATMA), on behalf of domestic manufacturers, had filed the application with the Authority for investigations in dumping of tyres.