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Following a DGTR investigation that found dumping of Roller Chains from China PR causing material injury to domestic industry, the MoF has imposed anti-dumping duty on these products falling under tariff item 7315 11 00. The duty structure exempts specified manufacturers (Zhejiang Bakord Machinery Co. Ltd and Jiangxi Hengjiu Chain group companies) while imposing 6.34% duty on CIF value for all other Chinese manufacturers. The duty will remain effective for five years from publication date unless revoked, superseded or amended earlier. The applicable exchange rate for duty calculation will be determined as per section 14 of the Customs Act, 1962.
Following a DGTR investigation that found dumping of Roller Chains from China PR causing material injury to domestic industry, the MoF has imposed anti-dumping duty on these products falling under tariff item 7315 11 00. The duty structure exempts specified manufacturers (Zhejiang Bakord Machinery Co. Ltd and Jiangxi Hengjiu Chain group companies) while imposing 6.34% duty on CIF value for all other Chinese manufacturers. The duty will remain effective for five years from publication date unless revoked, superseded or amended earlier. The applicable exchange rate for duty calculation will be determined as per section 14 of the Customs Act, 1962.
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