Monday, December 11, 2006

Anti-dumping duty on non-radial tyres from China and Thailand

ET reports
The department of revenue has imposed provisional anti-dumping duties on imports of non-radial tyres, tubes and flaps imported from China and Thailand. The department has fixed the benchmark price for tyres originating from China at $88.82 per piece. Any import below this price would attract anti-dumping duty.
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While this may come as good news for tyre manufacturers like Ceat, Apollo, JK and Birla Tyres who had asked for an investigation into the entire pricing structure, the duty has ruffled the feathers of tyre importers and dealers. Truck and bus operators who had opposed the move would be affected due to higher prices, industry sources said.

1 comment:

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