According to the Ministry of Commerce of the People's Republic of China, the Central Commission for Consumption Tax and Customs of India issued an announcement on March 29, 2016, accepting that the Indian Ministry of Commerce and Industry decided on the final review of the anti-dumping sunset review of the tire vulcanizer from China on January 7, 2016. The anti-dumping tax will continue to be imposed for a period of 5 years from the date of the announcement, and the tax rate is 15%.
India imposes anti-dumping duties on Chinese tire vulcanizers
It is understood that on December 28, 2015, the anti-dumping bureau of the Ministry of Commerce and Industry of India issued the disclosure before the final ruling on the anti-dumping investigation of tire vulcanizers originating in or imported from China.
During this process, the investigation authority continued to identify China as a non-market economy country, used the actual payment price of similar products in the Indian market to calculate the normal value of the product under investigation, and finally concluded that the dumping margin of the investigated product from China on the Indian market was 10 %-20%, the damage range is 10%-20%.
India launched this sunset review on January 7, 2015. The review investigation period was from October 2013 to September 2014. The damage investigation period was from January 2011 to September 2014.
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