01-01-1970 12:00 AM | Source: Accord Fintech
DGTR recommends for continuation of anti-dumping duty on Chinese steel wheels for five more years
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The commerce ministry's investigation arm the Directorate General of Trade Remedies (DGTR) has recommended for continuation of anti-dumping duty on Chinese steel wheels for five more years with a view to guarding domestic players against cheap imports. In a notification, the DGTR has said that continuation of the existing duties on the imports of Flat Base Steel Wheels from China would address and mitigate the likelihood of injury to the domestic players.

The DGTR has said the authority considers it necessary to recommend the continued imposition of existing definitive anti-dumping for another period of five years. The directorate has recommended $613 per tonne duty on the product. The finance ministry takes the final decision to impose this duty. The product is used in tubed tyre applications in commercial vehicles. In its probe, the DGTR has concluded that there is likelihood of continuation/recurrence of dumping and injury to the domestic industry if the existing duties are not continued.

Wheels India (Wheels India) and Steel Strips Wheels (Steel Strips) in their application to the DGTR had alleged likelihood of continuation or recurrence of the dumping and had requested for initiating sunset review investigation for continuation of antidumping duties in force. The revenue department had imposed the duty on September 13, 2018, for five years.