Flatbet trailer extensions

DGTR for the extension of anti-dumping duties on trailer axles from China

The anti-dumping duty on the product was imposed by the Ministry of Finance in November 2016

The Trade Remedies Directorate (DGTR) of the Ministry of Commerce has recommended an extension of the existing anti-dumping duties imposed on imports of trailer axles from China. The anti-dumping duty on the product was imposed by the Ministry of Finance in November 2016.

“Recommends the extension of the existing anti-dumping duty on imports of trailer axles, originating in or exported from China,” the DGTR said in a notification.

The recommendation was made by management after investigating an alleged circumvention of the anti-dumping duty imposed on imports. He had received information from the Commissioner of Customs (Imports) Nhava Sheva that the duty is bypassed because the product is imported in CKD (Complete Knock Down) / SKD (Semi-Knock Down) form and then assembled as an axle for trailers.

In a separate notification, management recommended the imposition of a duty on Caprolactum, used in the nylon industry, to protect domestic manufacturers from cheap imports from Russia, Korea, the European Union and Thailand. The recommended tariff ranges from $ 67.79 per tonne to $ 560.82 per tonne.

Anti-dumping duties have also been suggested on imports of hydrofluorocarbon (HFC) mixtures, used in the refrigeration and air conditioning sector, exported from China to India. The recommended tariff ranges from $ 1,553.45 per tonne to $ 2,250.56 per tonne.

In addition, the DGTR also recommended the duty on silicone sealants, used in the green energy sector, from China.
The recommended tariff ranges from $ 396.99 per tonne to $ 738.73 per tonne. In international trade parlance, dumping occurs when a country or company exports an item for less than the price in its domestic market.

Dumping has an impact on the price of this product in the importing country, affecting the margins and profits of manufacturing companies. The law aims to ensure fair trade practices and to create a level playing field for domestic producers vis-à-vis foreign producers and exporters.


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