The levy follows recommendation for the same by Directorate General of Anti-dumping and Allied Duties (DGAD).
Earlier, Automotive Tyre Manufacturers’ Association (ATMA) had filed an application on behalf of the domestic producers — Apollo Tyres, J K Tyre Industries and Ceat, had approached DGAD for investigations in dumping of tyres. In its recommendation, the DGAD had said the domestic industry has suffered material injury on account of the imports from China.
It found that the tyres have been exported to India from the subject country “below normal value”. Countries impose anti-dumping duties to guard domestic industry from surge in below-cost imports. India has also imposed similar duties on import of several other products including steel, fabrics and chemicals from different countries including China. Anti-dumping steps are taken to ensure fair trade and provide a level-playing field to the domestic industry.
They are not a measure to restrict import or cause an unjustified increase in cost of products.
via Anti-dumping duty on import of bus,truck tyres from China – The Financial Express
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