India imposes anti-dumping duty on glasses and Chinese radiators

Chinese radiatorsIndia has imposed anti-dumping duty on certain types of glasses from Iran and aluminium radiators from China in order to protect the domestic industry from cheap imports. While an anti-dumping duty of about USD 55.59 per tonne has been imposed on clear float glass, duty of about USD 22.89 has been slammed on imports of aluminium radiators.

The imposed fine on both products would be effective for a period of five years. Clear float glass is a superior quality glasses that is used in construction, refrigeration, mirror and solar energy industries. In a separate probe, the Directorate General of Anti-dumping and Allied Duties (DGAD) had concluded that these products were dumped into India and have caused material injury to the domestic industry.

Three companies including Saint-Gobain India had filed the application for dumping probe of this product. The other two producers of this glass in India are- Asahi India Glass Ltd and Gujarat Guardian. Similarly, Banco Products (India) had filed the application for dumping probe of aluminium radiators from China.

Countries initiate an anti-dumping investigation in order to determine if the domestic industry has suffered from the flow of below-cost import and as a counter-measure, they come up with duties under the multi-lateral WTO regime. The anti-dumping steps are not taken to restrict imports or cause an unreasonable increase in the cost of products but instead to ensure fair trade and to provide a level-playing field to the domestic industry.

Leave a Reply

Your email address will not be published. Required fields are marked *

Show Buttons
Hide Buttons