Definitive ADD on Chinese imports of textured glass; ADD could affect margins, solar panel mfr
Sheela Mamidenna The Directorate General of Anti-Dumping Duty imposed an anti-dumping duty(ADD) on the textured toughened (tempered) glass, imported from China PR, with a minimum of 90.5% transmission having a thickness not exceeding 4.2 mm (including tolerance of 0.2mm). This was relayed by the Customs via notification no- 38/2017- Customs (ADD) dated August 18, 2017. The textured toughened glass is used as a component in solar photovoltaic panels and in solar thermal applications. The government has imposed anti-dumping duty ranging from $52.85 per MT to $136.21 per MT specific to different exporters and manufacturers of China. Speaking to the Dollar Business, on the affect that the imposition of ADD could have on Indian manufacturers of solar panels, Vineet Mittal, Director Sales and Finance ...
Government mulls withdrawal of anti-dumping duties on imported soda ash
The Dollar Business Bureau The government is considering the withdrawal of anti-dumping duties imposed on the import of soda ash sourced from the US, China, Pakistan and other countries. Soda ash, also called Disodium Carbonate (Na2CO3), is mainly used in the manufacturing of detergent, soap and float glass products. To protect the domestic producers and suppliers of the chemical, the finance department had in July 2012 imposed anti-dumping duties ranging from $2.3 per tonne to $38.79 a tonne of import of the product for five years. The duty was imposed after the Directorate General of Anti-Dumping (DGAD) had found that soda ash was imported from China, the US, Pakistan, Iran, Ukraine, Kenya and European Union countries at below its normal rate. ...
Changes in duty drawback rates will boost Indias handicrafts exports: EPCH
The Dollar Business Bureau The recent changes in duty drawback rates and categorisation of handicraft products will help boost India’s handicrafts exports in the coming years, according to the Export Promotion Council for Handicrafts (EPCH). According to official sources, Indian handicrafts exports have grown steadily in the last few years, registering a y/y growth of around 15% to about $3.8 billion in FY2013-14. India’s exports of handicrafts are expected to grow to around $4.5 billion in FY2014-15. Rakesh Kumar, Executive Director, Export Promotion Council for Handicrafts (EPCH) Overall, exports are expected to get a further boost due to the changes introduced by the government in the duty drawback rates. “This will encourage exporters to do better in the future ...
