Tuesday, June 2, 2009

Govt Imposed Anti Dumping Duty On CFL Imports - June 02, 2009

In order to prevent the domestic industry from cheap imports from China and Vietnam, the government has imposed anti- dumping duty of up to $1.90 per piece on the imports of compact fluorescent lamps (CFL), which would be levied with effect from November 21, 2008. The duty would be ranged between $0.36 per piece to $1.90 per piece, the finance ministry said in a notification.

The imports from China and Vietnam are taking place at dumped prices and have caused material injury to the domestic industry, the Directorate General of Anti-Dumping and Allied Duties (DGAD) had recommended anti-dumping duty on imports of CFL.

The government earlier had imposed duty on several other products including yarns as well as fabrics, colour picture tubes, some aluminum products and chemicals.

No comments: