Indian Department of Revenue under the Ministry of Finance has accepted the Ministry of Commerce and Industry’s recommendation to maintain the existing anti-dumping duties on axle for trailers originating in or exported from China. As a result, the AD duty rate on Guangdong Fuwa Heavy Industries Co Ltd was set at USD 0.16 per kg and other China’s producers and exporters will be subject to a duty rate of USD 0.31 per kg. The anti-dumping duty imposed shall be effective for a period of five yearsIndia’s Director General Trade Remedies had concluded in October 2020 that the dumped imports continued even after anti-dumping duties and there are practices like circumvention to evade the duties in place show a strong likelihood situation that rate of imports may increase significantly if the existing anti-dumping duties are revoked and there is a likelihood of continuation/recurrence of dumping and injury to the domestic industry in the event of cessation of duties at this stage. DGTR had recommended continued imposition of an anti-dumping dutyThe products involved are classified under HS code 8716 90 10, including axle for trailers in complete knock down or semi knock downIndia’s Finance Ministry’s Department of Revenue announced on August 26, 2021, had extendewd the existing anti-dumping duty rates of USD 0.14-0.46 per kg on axle for trailers originating in China.The initial AD investigation was launched on December 28, 2015 based on the application filed by the domestic company York Transport Equipment (India) Pvt Ltd. The first sunset review of this case was launched on April 19, 2021 following an application submitted by the same local company.
Indian Department of Revenue under the Ministry of Finance has accepted the Ministry of Commerce and Industry’s recommendation to maintain the existing anti-dumping duties on axle for trailers originating in or exported from China. As a result, the AD duty rate on Guangdong Fuwa Heavy Industries Co Ltd was set at USD 0.16 per kg and other China’s producers and exporters will be subject to a duty rate of USD 0.31 per kg. The anti-dumping duty imposed shall be effective for a period of five yearsIndia’s Director General Trade Remedies had concluded in October 2020 that the dumped imports continued even after anti-dumping duties and there are practices like circumvention to evade the duties in place show a strong likelihood situation that rate of imports may increase significantly if the existing anti-dumping duties are revoked and there is a likelihood of continuation/recurrence of dumping and injury to the domestic industry in the event of cessation of duties at this stage. DGTR had recommended continued imposition of an anti-dumping dutyThe products involved are classified under HS code 8716 90 10, including axle for trailers in complete knock down or semi knock downIndia’s Finance Ministry’s Department of Revenue announced on August 26, 2021, had extendewd the existing anti-dumping duty rates of USD 0.14-0.46 per kg on axle for trailers originating in China.The initial AD investigation was launched on December 28, 2015 based on the application filed by the domestic company York Transport Equipment (India) Pvt Ltd. The first sunset review of this case was launched on April 19, 2021 following an application submitted by the same local company.
