Keyword :        

Subscribe
Subscribe to Rss Feed
Follow us at twitter.com/infobanc_com
 
Business News
Categories Date
 
Archives
News Archives
 
News Types
Projects
Others
Regulatory News
Price Movement
Govt Policy
Market News
Mergere Acquisition
 
Most Viewed
Import of Raw Cashew Nuts to Continue
Clove Prices Likely to Stay Firm
Anti Dumping Duty on China Origin Flax Fabrics (Linen)
After Sugar, Jaggery Prices Hit The Sky
Cocoa Price Reaches 10-year high on Falling Production and Growing Demand
Dumping Duty on Tyre Import from China, Thailand
Coconut Prices to Stabilise as Kerala Govt Mulls Procurement
Rising Cashew Export Brings Cheers among Cashew Farmenrs
Dhanalakshmi Bank Ties Up With Bank of New York For Online Remittance
Revival in Cashew Export
 
Infobanc Resources
Latest Tenders
Market Research Reports
Directory of Manufacturers and Exporters
   
 

Dumping Duty on Tyre Import from China, Thailand

   
Date : February 24, 2010
Number of Views : 7314

 
Indian Govt has imposed definitive anti-dumping duty on truck and bus radial tyres imported from China and Thailand. Indian Tyre manufacturers has long been clamoring for this step and the move is considered a victory for the domestic tyre industry.

Dumping duty will result in lower imports of radial truck and bus tyres by domestic commercial vehicle manufacturers as landed cost is likely to go up on account of this levy.

Indian commercial vehicle manufacturers found an attractive proposition in truck and bus radial tyres from China and Thailand because of better price. With dumping duty, automobile makers may now have to source from Indian market, leading to better margin for Indian manufacturers of radial tyre.

Based on the recommendations of the Designated Authority in the Commerce Ministry, the Revenue Department has now imposed definitive anti-dumping duty ranging from $24.97 per set of TTF (tyre +tube+ flap) to $99.05 per TTF depending on the producer/country of export.

 
News Category: Tyre, Tube, Accessories
Natural and Synthetic Rubber, Rubber Compounds

News Type : Govt Policy
Regulatory News

 
 
 
 








* Max 250 characters