Govt slaps anti-dumping duty on compact discs-recordable

Govt slaps anti-dumping duty on compact discs-recordable

New Delhi, June 8 (PTI) The Indian government has imposed
an extra levy of up to USD 63.84 on import of 1,000 pieces of
compact discs-recordable (CD-Rs) from countries like Iran,
Thailand and Korea.

The Finance Ministry has imposed provisional anti-dumping
duty ranged between USD 17.52 and USD 63.84 per 1,000 pieces
on CD-Rs, the ministry said in a notification.

After reaching a conclusion that "the domestic industry
has suffered material injury," the Directorate General of
Anti-dumping and Allied Duties (DGAD) had recommended anti-
dumping duty on import of the discs from Iran, Thailand,
Korea, Malaysia, UAE and Vietnam.

The DGAD had earlier found that the discs were being
imported from these countries, at below its normal value,
which was causing material injury to the domestic industry.

The duty shall be levied from the date of imposition of
the provisional anti-dumping duty, that is, March 13, 2008, it
said.

Earlier, the government had imposed the duty on several
other products, including yarns, fabrics, colour picture
tubes, some aluminum products and chemicals.

According to a recent WTO report, India initiated the
highest number of anti-dumping investigations -- 42 such
probes -- followed by Brazil and China, between July and
December, 2008. PTI RR
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