India May Impose Anti-dumping Duty On Gypsum Plaster Boards
27/02/2013 12:00
India may impose anti-dumping duty of up to $73.8 per cubic metre on imports of gypsum plaster boards, except certain varieties, from China, Indonesia, Thailand and UAE on the recommendations of the Directorate General of Anti-dumping and Allied Duties (DGAD) to protect the domestic players, reports said.
However, the fire heat boards, impact boards, gypsum ceiling boards with moisture barrier, heat boards, anti-mould boards, thermal boards, gypsum ceiling boards with aluminium edges sealed in white film and ceiling tiles may escape the restrictive duty.
The gypsum plaster boards are mainly used in interior construction in suspended ceiling and partition applications.
The directorate has recommended different set of duties that ranged between $12.3 per cubic metre and $73.8 per cubic metre, the notification said.
The DGAD, which is under the commerce ministry, in its recommendations said that the boards have been exported to India below its normal value from these nations, adding that "...the Authority is of the view that imposition of definitive anti-dumping duty is required to offset dumping and injury."
The restrictive duty is recommended by the commerce ministry, while the finance ministry imposes the same.
Unlike safeguard duties, which are levied in a uniform way, anti-dumping duties vary from product to product and from country to country. Countries initiate anti-dumping probes to check if the domestic industry has been affected because of a surge in below-cost imports. As a counter-measure, they impose duties under the multilateral WTO regime.
The country already imposed anti-dumping duty on imports of fabric, yarn, nylon tyre cord and several chemicals.
The Mumbai-based Saint-Gobain Gyproc India Ltd. had filed a petition for imposing anti-dumping duty on behalf of the domestic industry.
2/25/2013 6:55 AM ET
Source: rttnews.com
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