Govt imposes 17.57% countervailing duty on radial tyres above 16" for buses/trucks from China for 5 yrs to protect domestic industry.

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....Countervailing duty imposed on tariff items 40112010 and 40118000 covering new/unused pneumatic radial tyres with nominal rim diameter code above 16 inches used in buses and lorries/trucks originating in or exported from China PR at 17.57% of CIF value for a period of five years. Duty applicable on imports from any country if goods originate from China PR, and on imports from China PR if goods originate from any other country. Duty levied pursuant to final findings of designated authority regarding countervailable subsidies and likelihood of injury to domestic industry.....