Consultant2b (Director) (57 Points)
06 March 2011I would really appreciate, if someone could help me find out how much Anti-Dumping duty is applicable on Import of Radial Truck Tyres from China. I have been told by someone that it is $121/Tyre, but this seems ridiculously high as the cost of a single tyre is much less than this. I would like to confirm, if this is the correct cost and if yes, is this per tyre or per tyre?
I would really appreciate any help on this.
Thanks
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 06 March 2011
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[TO BE PUBLISHED IN THE GAZETTE OF INDIA, EXTRAORDINARY, PART II, SECTION 3, SUB-SECTION (I)]
GOVERNMENT OF INDIA
MINISTRY OF FINANCE
(DEPARTMENT OF REVENUE)
***
Notification No. 12 / 2010 - Customs
New Delhi, the 19th February, 2010
G.S.R. (E). Whereas, in the matter of imports of Bus and Truck Radial Tyres, (hereinafter referred to as the subject goods) , falling under item nos. 40112010 (for tyres) and 40131020 and 40129049 (for tubes and flaps respectively) of the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) and originating in, or exported from the People's Republic of China(China PR) and Thailand (hereinafter referred to as the subject countries), the designated authority, vide its final findings in notification No. 14/17/2008-DGAD, dated 1st January, 2010 published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 1st January, 2010, has come to the conclusion that -
(a) there has been increase in the volume of dumped imports from the subject countries, both in absolute terms as also in relation to total production and market demand of the subject goods in India, resulting in a decline in the market share of the domestic industry;
(b) the imports are causing significant price undercutting resulting in price suppressing effect on the domestic industry;
(c) in spite of increase in production and sales, profitability of the domestic industry per unit of sales declined after increasing in 2006-07, resulting in deterioration in profits, cash profits and a decline in the return on capital employed;
(d) decline in the market share has resulted in increase in inventories with the domestic industry in spite of higher capacity utilization;
(e) this has led to domestic industry suffering material injury and imposition of final duty is required to offset dumping and injury; and has recommended to impose definitive anti-dumping duties on all imports of the subject goods, originating in, or exported from, the subject countries;
Now, therefore, in exercise of the powers conferred by sub-sections (1) and (5) of section 9A of the said Customs Tariff Act, 1975, and in pursuance of rules 18 and 20 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, the Central Government, on the basis of the aforesaid final findings of the designated authority, hereby imposes on the goods, the descripttion of which is specified in column (3) of the Table below, falling under item nos. of the First Schedule to the said Customs Tariff Act as specified in the corresponding entry in column (2), originating in the countries as specified in the corresponding entry in column (4), produced by the producers as specified in the corresponding entry in column (6), when exported from the countries as specified in the corresponding entry in column (5), by the exporters as specified in the corresponding entry in column (7), and imported into India, an anti-dumping duty which shall be equal to the amount indicated in column (8) of the said table, in the currency as specified in the corresponding entry in column (10) and per unit of measurement as specified in the corresponding entry in column (9) of the said Table.
Table
*- Note:
1. The duty amount as indicated in Column (8) shall be applicable on TTF set or Tubeless Tyre.
2. In case of imports of tyre, tube or flap individually or in any combination thereof, the amounts shall be calculated by applying the percentage as specified in the Schedule given below to the amount mentioned in column (8).
Schedule
2. The anti-dumping duty imposed under this notification shall be payable in Indian currency.
Prashant Kumar
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Consultant2b
(Director)
(57 Points)
Replied 06 March 2011
Hi,
I have read this notification several times before, unfortunately, I am unable to calculate the anti-dumping duty rate payable based on this article. Would appreciate help with this.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 07 March 2011
thx for sharma ji for posting the notification.
Indian Govt has imposed definitive anti-dumping duty on truck and bus radial tyres imported from China and Thailand. Indian Tyre manufacturers has long been clamoring for this step and the move is considered a victory for the domestic tyre industry.
Consultant2b
(Director)
(57 Points)
Replied 07 March 2011
Still wondering, if someone culd help me find out the exact amount of anti-dumping duty per tyre or per pair.
U S Sharma
(glidor@gmail.com)
(21063 Points)
Replied 08 March 2011
| Originally posted by : Ash | ||
 |
Hi, I have read this notification several times before, unfortunately, I am unable to calculate the anti-dumping duty rate payable based on this article. Would appreciate help with this. |
 |
tyres start from bicycle and goes upto aeroplane, but u have not mentioned which type / quality and inport hus heading tarriff of the product, so the whole notification is produced, read the 1st column and select your desired product then read the clause and details of that paragraph.
RAMESH KUMAR VERMA
( CS PURSUING )
(43853 Points)
Replied 08 March 2011
please also see the DGFT NOTIFICATION :-
TO BE PUBLISHED IN THE GAZETTE OF
PART-II, SECTION-3, SUB SECTION (ii)
MINISTRY OF COMMERCE & INDUSTRY
DEPARTMENT OF COMMERCE
Subject : Import policy of radial tyres.
S.O. (E) In exercise of powers conferred under section 5 of the Foreign Trade (Development and Regulation) Act, 1992 read with paragraph 2.1 of the Foreign Trade Policy, 2009-2014, the Central Government hereby makes the following amendments in Schedule –1 of the ITC(HS) Classifications of Export and Import Items.
2. After amendment the following entry would read as under:-
|
Exim Code |
Item descripttion |
Policy |
|
4011 20 10 |
Radials |
Free |
3. This issues in public interest.
Sd/-
(R.S.Gujral)
Director General of Foreign Trade and
Ex-officio Special Secretary to the Government of India
[Issued from File No. 01/89/180/46/AM09/PC2(A)Pt1]
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