CBIC takes action: Anti-dumping duty levied on imported aluminium wheels from China

AL Circle

The Central Board of Indirect Taxes and Customs (CBIC) has levied anti-dumping duty on aluminium road wheels imported from China. This action follows a review initiated by the designated authority, as outlined in notification number 7/13/2023-DGTR dated 30th September 2023, published in the Gazette of India, Extraordinary, is aimed at ensuring fair trade practices and protecting the interests of the domestic industry.

CBIC takes action: Anti-dumping duty levied on imported aluminium wheels from China

{alcircleadd}

Review under sub-section (5) of section 9A of the Customs Tariff Act

The designated authority, via notification number 7/13/2023-DGTR dated 30th September 2023, published in the Gazette of India, Extraordinary, has instigated a review under sub-section (5) of section 9A of the Customs Tariff Act, 1975, and rule 23 of the Customs Tariff (Identification, Assessment, and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995.

CBAM

This review pertains to the ongoing assessment of anti-dumping duty on imports of "Cast Aluminium Alloy Wheels or Alloy Road Wheels (ARW) utilized in Motor Vehicles, regardless of whether attached with their accessories, ranging in size from 12 inches to 24 inches in diameter" (referred to as subject goods), categorized under sub-heading 8708 70 of the First Schedule to the Customs Tariff Act, originating from China PR.

Following its final findings published via notification number 7/13/2023-DGTR dated 6th January 2024, the designated authority reached the following conclusions: 

  • The subject goods persist in being exported to India at prices lower than the normal value, indicating dumping. 
  • Imports from the subject country, sold at dumped prices, are causing harm to the domestic industry. 
  • There exists a likelihood of ongoing dumping and consequent harm to the Indian industry should the existing anti-dumping duties be discontinued at this juncture.

Based on these findings, the designated authority has recommended the continuation of anti-dumping duty on imports of the subject goods. This measure is crucial to mitigate the injury caused to the domestic industry, which is facing significant challenges due to the dumping of these goods at lower prices.

Consequently, exercising the authority bestowed by sub-sections (1) and (5) of section 9A of the Customs Tariff Act, 1975, in conjunction with rules 18, 20, and 23 of the Customs Tariff (Identification, Assessment, and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, and superseding the previous notification number 17/2019-Customs (ADD) dated 9th April 2019, the Central Government at this moment imposes anti-dumping duty on the subject goods.

This duty is applicable to goods categorized under specified sub-headings, originating from and exported by producers as delineated in the corresponding entries of the Table, at rates indicated therein. The anti-dumping duty stipulated in this notification shall be effective for a period of five years, providing a stable regulatory environment for the industry. However, it may be rescinded, replaced, or amended earlier, commencing from the date of publication in the Official Gazette. Payment of this duty shall be made in Indian currency.

Edited By:


This news is also available on our App 'AlCircle News' Android | iOS


Alternate Text
EPIQ Machinery

A world class equipment designer specialized in developing innovative & effective solutions for heavy equipment, vehicles, and material handling systems

Alternate Text
RIA Cast House Engineering

Leading supplier of rail mounted precision Furnace Charging Machines and Furnace Skimming Machines

Alternate Text
Altek

Leading manufacturer of value-added equipment for the aluminum casthouse

Alternate Text
Jagannath Company

Manufacturers & Supplier of Magnesium Metal and Aluminium Foundry Chemicals

Alternate Text
CETAG

A supplier of proven systems and an expert adviser in aluminum casthouse technology, offering its services worldwide to the aluminum industry.

Alternate Text
IBAAS​-IIM 2024

September 25-27, 2024 | BITS Pilani K K Birla Goa Campus, Goa, INDIA

Related
Business Leads
Interested to buy aluminium extrusion profiles. Destination...
17-May-2024 Buying request

We are looking for supplier of aluminium foil paper. Please ...
17-May-2024 Buying request

Inquiry for Bulk Supply of 6063 Aluminum Railing Parts We a...
10-May-2024 Buying request

Read this news article and much
more on the AL News app
Get real-time news and business
lead alerts on your phone
SUBSCRIBE NOW
Market

Market

Project

Project

Technology

Technology

Leads

Leads