NEW DELHI, June 9 (Bernama) -- To protect its domestic compact disc recordable (CD-R) industry from cheaper imports, India has imposed anti-dumping duty on six countries, including Malaysia.
The Directorate General of Anti-dumping and Allied Duties (DGAD) has also recommended the anti-dumping duty on Iran, South Korea, Thailand,the United Arab Emirates (UAE) and Vietnam.
The announcement was made after the DGAD found "the domestic industry has suffered material injury", as CD-Rs imported from these countries were below the nominal value.
According to a Finance Ministry notification, a special duty of between US$17.52 (RM61.30) and USS63.84 (RM223.44) per 1,000 CD-Rs would be imposed on Iran, South Korea and Thailand.
The anti-dumping duty for CD-Rs imports from Malaysia is US$45.11 (RM158) for 1,000 pieces and for the UAE, US$63.64 (RM 223).
The DGAD initiated an investigation into the alleged dumping and the damage caused to the domestic industry, after the Optical Disc Manufacturers Welfare Association, New Delhi, filed a complaint with the department in 2007.
The duty is applicable from March 13, 2008, the date of imposition of provisional anti-dumping duty.
India imports about 900 million CD-Rs annually.
In 2006, India had imposed such duty on CD-Rs imported from China, Hong Kong, Singapore and Taiwan.
Source : www.bernama.com