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of <h1>India Imposes 5-Year Anti-Dumping Duty on Chinese Flat Base Steel Wheels to Protect Domestic Industry.</h1> The Ministry of Finance in India has imposed an anti-dumping duty on imports of 'Flat Base Steel Wheels' with diameters ranging from 16' to 20', originating from or exported by China. This measure, effective for five years, follows a review by the designated authority, which concluded that these goods could enter the Indian market at dumped prices, potentially harming domestic industry. The duty aims to prevent such dumping and maintain fair competition, while not disadvantaging the Indian industry. The duty is set at $613 per metric ton, payable in Indian currency.
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