ID :
218060
Tue, 12/06/2011 - 10:51
Auther :

India imposes anti-dumping duty on opal glassware from China, UAE

New Delhi, Dec 6 (PTI) India has imposed anti-dumping duty on cheap imports of opal glassware from China and the United Arab Emirates for a period of five years. The duty would be in the range of 41.6-110.17 per cent of the landed cost of consignments from China, while UAE-imported opal glassware would attract duty at 36.73 per cent of the cost. Opal glassware is a milky white glass used in lighting fixtures and tableware. "The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty, that is, August 9, 2011, and shall be payable in Indian currency," India's Department of Revenue has said. The levy was imposed after the designated authority, the Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal agency under the country's Commerce Ministry, recommended its imposition following an investigation. In its probe, the DGAD concluded that the domestic industry had suffered a material injury on account of dumping of the product by both nations. Earlier, in August, the DGAD had imposed provisional anti-dumping duty on opal glassware from China and the UAE for six months. In India, anti-dumping duty is recommended by the Commerce Ministry, while the Finance Ministry imposes the same. PTI

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