Govt imposes ADD on imports of glassware from China, Indonesia

The anti-dumping duty imposed shall be effective for a period of five years.

The Dollar Business Bureau

In order to safeguard the domestic industry from cheap imports, the Government has imposed anti-dumping duty on the imports of glassware from China and Indonesia.

“The Central Government, after considering the final findings of the designated authority, hereby imposes definitive anti-dumping duty on the subject goods,” the Ministry of Finance said in a notification (No.22/2018-Customs ADD) on Wednesday.

“The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency,” the notification said.

The Directorate General of Anti-Dumping & Allied Duties (DGAD) said in its findings that the subject goods have been exported to India from the subject countries below its normal value, resulting in dumping.

“The domestic industry has suffered material injury due to dumping of the product under consideration from the subject countries,” it said.

The application for initiation of investigation was filed by Shreno Limited-Glass Division.

The Period of Investigation (POI) was 18 months i.e. from April 2015 to September 2016. However, the injury investigation period also covered the periods 2012- 13, 2013-14, 2014-15, 2015-16 and POI.

In the 2016-17 fiscal, India’s import of glassware was $40.87 million and $1.59 million from China and Bangladesh, respectively. During the current fiscal (April-January), China already exported $50.86 million worth of glassware and Indonesia exported $1.22 million of glassware into India, according to the data of Ministry of Commerce.

The Dollar Business Bureau - Apr 19, 2018 12:00 IST
 

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