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Seeks to impose Anti-Dumping duty on the imports of Axle for Trailers in CKD/SKD form originating in or exported from the Peoples Republic of China. - 69/2021 - Anti Dumping Duty
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Anti-dumping duty extension on CKD/SKD axle imports to prevent circumvention by low value addition imports. Imposition of anti-dumping duty on axle assemblies in CKD/SKD form from the People's Republic of China extends existing measures to address circumvention. The designated authority found altered trade patterns, insufficient value addition during local assembly, and dumped import prices, and recommended extending the prior duty to CKD/SKD imports. The Central Government prescribes covered goods, origins, producers/exporters and differentiated per-unit duty rates, with collection in Indian currency and exchange rate determination tied to bill of entry presentation.
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Anti-dumping duty extension on CKD/SKD axle imports to prevent circumvention by low value addition imports.
Imposition of anti-dumping duty on axle assemblies in CKD/SKD form from the People's Republic of China extends existing measures to address circumvention. The designated authority found altered trade patterns, insufficient value addition during local assembly, and dumped import prices, and recommended extending the prior duty to CKD/SKD imports. The Central Government prescribes covered goods, origins, producers/exporters and differentiated per-unit duty rates, with collection in Indian currency and exchange rate determination tied to bill of entry presentation.
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