In order to protect the domestic players and to discourage cheap imports, the commerce ministry has recommended imposition of an anti-dumping duty on imports of a certain type of radial tyres from Thailand. The Automotive Tyre Manufacturers' Association had filed an application before the directorate on behalf of the domestic industry alleging dumping of radial tyres from Thailand.
The ministry's investigation arm -- the Directorate General of Trade Remedies (DGTR), which ensures a level playing field to the Domestic Industry against the adverse impact of the unfair trade practices, has recommended a duty of up to USD 527.08 per tonne on imports of 'new pneumatic radial tyres of rubber for buses and lorries, with or without tubes and/or flaps' from Thailand for five years.
After completing its probe, the DGTR has concluded that the product has been exported to India from Thailand below its normal value which has impacted the domestic industry. The finance ministry will take the final decision to impose the duty, which would give a level-playing field to domestic players in global markets.