Anti-Dumping Obligation: Finance ministry imposes anti-dumping responsibility on luxurious vinyl tiles from China, Taiwan
[ad_1]
The anti-dumping responsibility could be legitimate for 5 years, mentioned a notification by the Central Board of Oblique Taxes and Customs(CBIC).
The anti-dumping responsibility can be on “Vinyl Tiles aside from in roll or sheet kind” having minimal tile thickness of two.5 mm and a most tile thickness of 8 mm.
Within the business parlance it is going to embrace luxurious vinyl tiles, luxurious vinyl flooring, stone plastic composite, SPC, PVC flooring tiles, PVC tiles, inflexible vinyl tiles or inflexible vinyl flooring, the CBIC Notification mentioned.
The petition in search of an anti-dumping probe on vinyl tiles imports was filed by Welspun Flooring Ltd, Welspun World Manufacturers Ltd, Welspun India Ltd.
In January this 12 months, the Directorate Common of Commerce Treatments (DGTR) has advisable the responsibility on imports of ‘Vinyl Tiles aside from in roll or sheet kind’ from these nations after concluding in its probe that the product has been exported at dumped costs into India, which impacted the home business.
