The government can impose anti-dumping duties on Thailand's radial tires
New Delhi, December 5 () The Ministry of Commerce has initiated an investigation into imports of radial tires from Thailand to decide on the imposition of anti-dumping duties on the product to discourage shipments below cost.
The Association of Automotive Tire Manufacturers has submitted a request to management on behalf of the national industry claiming the dumping of radial tires from Thailand.
According to a notification from the General Directorate of Commercial Remedies (DGTR), the association has requested the imposition of anti-dumping duties on imports.
The investigation arm of the Ministry of Commerce, DGTR, initiated an anti-dumping investigation on imports of new radial rubber tires for buses and trucks, with or without tubes and/or fins originating or exported from Thailand, according to the notification.
He said that the authority, at first glance, discovered that there is sufficient evidence of tire unloading from Thailand.
Therefore, the Authority initiates an investigation to determine the existence, extent and effect of the alleged dumping and the consequent damage to the national industry, he said.
If it is established that dumping has caused significant damage to the national industry, management would recommend the amount of the anti-dumping duty.
The investigation period is April 2018 to June 2019 (15 months). I would also look at the 2015-18 data.
Countries carry out an anti-dumping investigation to determine if their national industries have been affected by an increase in cheap imports.
As a countermeasure, they impose rights under the multilateral regime of the World Trade Organization. The duty is aimed at guaranteeing fair trade practices and creating a level playing field for domestic producers with respect to foreign producers and exporters. RR MR MR