India may impose anti-dumping duty on tyre imports from Thailand
DGTR recommends anti-dumping duty on five products. NEW DELHI: India can impose anti-dumping duty of $337.80-$527.08 per tonne on imports of new bus and truck pneumatic radial rubber tires (both inner tubes and flaps) from Thailand. The Office of Trade Remedies (OTR) has imposed duties on behalf of the domestic industry (including Apollo Tyres Ltd, JK Tyre Industries Ltd, Ceat Ltd and MRF Ltd) under the Automotive Tyre Manufacturers Association (ATMA).
The absolute volume of Indian imports of goods from the investigated countries and their production and consumption in India has increased substantially over the last year and “the domestic industry in India has suffered serious injury due to dumping of imports,” the DGTR said. “Alert.
The DGTR has recommended a five-year anti-dumping duty, but the final decision rests with the finance ministry.
In June, the government restricted imports of tires to prevent the flow of cheap imports, mainly from China and Thailand, into the country. This included tires for cars, motorcycles, bicycles, buses and trucks.
The notification said, “Converting tires to the restricted category will only increase licensing requirements, not ban tires.” The notification said that the domestic industry has indicated in its submissions that this will not affect the quantity and price of imports.
Thailand was the subject of a World Trade Organization (WTO) complaint that tire exports to India fell 31 percent in July and 43 percent in August due to the restrictions.
The notification also mentioned other stakeholders that “exports of the product under consideration have fallen to zero in July, August and September 2020.”
The China factor
The notification said that the domestic industry emphasized that the current trade remedy measures are against dumped imports from China and have nothing to do with dumped products. New country of origin imports from Thailand.
The domestic industry said the market share should have increased considering the anti-dumping and countervailing duties imposed on Chinese imports, but the market share has decreased, emphasizing that China has cracked down on Thailand’s trucks and buses. Tires.
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