|
|
Anti-dumping duty levied on gypsum boards import
|
|
|
|
Top Stories |
|
|
|
|
SME Times News Bureau | 11 Jun, 2012
The government has levied anti-dumping duty on the import of certain type of Gypsum Boards from China, Indonesia, Thailand, and UAE to protect domestic players from cheaper shipments, reports media.
The Revenue Department has imposed anti-dumping duty of up to USD 51.7 per cubic metre on the import of certain type of Gypsum Boards, used for interior construction. "The duty will remain in force for six months," informed the Directorate General of Anti-dumping and Allied Duties (DGAD).
The restrictive duty was levied after the same was recommended by DGAD.
In its probe the DGAD had concluded that âthe product (Plain Gypsum Plaster Boards)...had been exported to India from the subject countries below associated normal values... (and) the domestic industry had suffered material injury.â
Plain Gypsum Plaster Boards, known as Gypsum Boards in common trade parlance, are used in interior construction of suspended ceiling and partition applications.
The DGAD conducted the probe on the complaint of Saint Gobain Gyproc India, which accounts for about 80 percent of the domestic production of the boards.
During January-December 2010, the investigation period, imports from the four countries had increased significantly by 194 percent compared to 2007-08.
A country initiates anti-dumping probe to check if its domestic industry has been hurt because of a surge in cheap, or below-normal-cost, imports.
Anti-dumping measures are taken to ensure fair trade and provide a level-playing field to domestic players. It is not a measure to restrict imports or cause an unjustified increase in the cost of products.
India has initiated 275 anti-dumping investigations between 1992 and March 2012, involving over 40 countries.
|
|
|
|
|
|
|
gypsum board
altaf hussain | Sat Jul 14 10:59:48 2012
how can we calculate custom duty on gypsum board
|
Re: gypsum board
Gopa Kumar | Tue Jul 26 10:14:28 2016
how we can calculate duty on gypsum board covered under tariff 68091100
|
|
|
|
|
|
|
|
|
Customs Exchange Rates |
Currency |
Import |
Export |
US Dollar
|
66.20
|
64.50 |
UK Pound
|
87.50
|
84.65 |
Euro
|
78.25
|
75.65 |
Japanese
Yen |
58.85 |
56.85 |
As on 13 Aug, 2022 |
|
|
Daily Poll |
|
|
PM Modi's recent US visit to redefine India-US bilateral relations |
|
|
|
|
|
Commented Stories |
|
|
|
|
|
|
|
|