On April 12, according to the Ministry of Commerce of China, the Indian Consumption Tax and Customs Central Committee issued a notice on March 29, accepting the anti-dumping sunset review of the tire vulcanizer from China on January 7, 2016 by the Indian Ministry of Commerce and Industry. The decision is to continue to levy a five-year anti-dumping duty from the date of the announcement, at a rate of 15%.
It is understood that the Anti-Dumping Office of the Ministry of Commerce and Industry of India issued a pre-disclosure disclosure on the anti-dumping investigation of tire vulcanizers originating in or imported from China on December 28, 2015.
In the process, the investigation authority continued to identify China as a non-market economy country, and calculated the normal value of the products under investigation using the actual payment price of similar products in the Indian market. It was finally determined that the dumped product from China was dumped to the Indian market by 10 %-20%, the damage range is 10%-20%.
India initiated the sunset review on January 7, 2015. The review period was from October 2013 to September 2014, and the damage investigation period was from January 2011 to September 2014.
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