Decision on anti-dumping duty on auto parts likely to come in September
The Dollar Business Bureau The government is likely to decide on extending anti-dumping duty on Chinese automobile spare parts in September. The Finance Ministry had imposed anti-dumping duties on front axle beam and steering knuckles meant for heavy and medium commercial vehicles exported from China since April 2010. In order to protect domestic manufacturers, anti-dumping duty of $0.35 per kg was imposed on front axle beam and $1.11 per kg on steering knuckles. The restrictions were imposed on the basis of recommendations from the Directorate General of Anti-Dumping and Allied Duties (DGAD). The restriction has already expired in April this year and domestic producers of the auto parts had asked the government to continue with the import restrictions. As per the ...
