India has imposed absolute anti-dumping duty on non-radial bias tyres that are used in buses and trucks from China and Thailand. This duty will be applicable for a period of 5 years.
The shift follows approval from the Designated Authority in the Commerce Ministry to continue anti-dumping duty on imports of non-radial bias tyres from Thailand and China. The anti-dumping duty will also be applicable on certain tubes and flaps.
In the case of imports from Thailand, the anti-dumping duty has been pegged at $0.86/kg, while from China pegged at $1.31/kg. The tyres produced by Hangzhou Zhongce Rubber Co., in China, the anti-dumping duty pegged at $1.12/kg.