India: Anti-dumping duty on truck tyres from China, Thailand to continue

10/04/2012 12:00 - 433 Views

Domestic tyre manufacturers have cause for cheer. Anti-dumping duty will continue to be levied on non-radial bus/truck tyre imports from China and Thailand till October 7 this year.

The Finance Ministry has extended the validity of anti-dumping duty on such tyres, which had lapsed on October 8 last year.

The extension comes in the wake of a sunset review initiated in August last year.

Bulk of the sales by value for the domestic tyre industry comes from non-radial bus and truck tyres.

The Automotive Tyre Manufacturers Association had on behalf of the domestic industry, represented by Apollo Tyres, J.K Tyres, CEAT and MRF, filed the petition seeking a sunset review.

The application was also supported by Birla Tyres. The period of investigation for the sunset review is from April 1, 2010 to March 31, 2011.

Although the validity of anti-dumping duty has now been extended, all imports of bias truck tyres between October 9, 2011 and March-end 2012 would also attract anti-dumping duty, industry sources said.

New Delhi, April 6, 2012
By K.R.Srivats
Source: thehindubusinessline.com