In­dia Im­poses Dump­ing Duty on So­lar Gear from China, US

The Economic Times - - Companies - SHREYA JAI

In­dia has im­posed dump­ing duty on so­lar gear im­ported from the US, China, Malaysia and Tai­wan. The Direc­torate Gen­eral of Anti-Dump­ing (DGAD) in its fi­nal find­ings rec­om­mended that anti-dump­ing du­ties of up to $0.48 per watt on so­lar cells com­ing from the US and $0.81 per watt from China. For Malaysia and Tai­wan, it is $0.62 per watt and $0.59 per watt, re­spec­tively.

“Af­ter ex­am­in­ing the is­sues raised and sub­mis­sions made by the in­ter­ested par­ties and facts made avail­able be­fore the author­ity, the prod­uct un­der con­sid­er­a­tion has been ex­ported to In­dia from sub­ject coun­tries be­low its nor­mal value, thus re­sult­ing in dump­ing of the prod­uct,” said the DGAD no­ti­fi­ca­tion in the case filed by a group of do­mes­tic man­u­fac­tur­ers in 2012. They have al­leged in their plea to DGAD that the above men­tioned coun­tries are ex­port­ing so­lar equip­ment in In­dia at “ridicu­lously low prices” due to which “the lo­cal in­dus­try is bleed­ing”.

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