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Govt slaps anti-dumping on imports of CFL from China, Vietnam.


Date: 02-06-2009
Subject: Govt slaps anti-dumping on imports of CFL from China, Vietnam
NEW DELHI: The government has imposed anti- dumping duty of up to $1.90 per piece on the imports of compact fluorescent lamps (CFL) to guard the domestic industry from cheap Chinese and Vietnamese shipments.

After concluding that 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 duty would be ranged between $0.36 per piece to $1.90 per piece, the finance ministry said in a notification.

The anti-dumping duty imposed would be levied with effect from November 21, 2008, it said.

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

China has emerged as the largest source of India's imports in the last two years. India's imports from China almost doubled to 24.16 billion dollar in April-December 2008-09 from 12.64 billion dollar in the comparable period of 2006-07, according to the Reserve Bank of India.


Source : The Economic Times

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