With the aim of protecting domestic players from cheap imports from these countries, the Ministry of Commerce has recommended to impose anti-dumping duties on vinyl tiles coming from China and Taiwan for a period of 5 years. .
The Directorate General of Trade Remedies (DGTR) has made an announcement on the matter, according to PTI news agency.
The decision was made after it was concluded in an investigation that the product was being exported at dumped prices to India, which had affected the domestic industry, the directorate said.
“The Agency recommends the imposition of anti-dumping duties on imports … originating in or exported from the countries under investigation, for five years,” the notice read.
Vinyl tile or PVC floor tile, used for floor covering in residential and commercial buildings, mimics the look of natural materials.
The Board of Directors launched the investigation following complaints from Welspun Flooring Ltd, Welspun Global Brands Ltd, Welspun India Ltd. The Board of Directors works under the Ministry of Trade.
The recommended tax rates are 2.05 USD/m2 and 1.44 USD/m2. The finance ministry makes the final decision to impose the mandate. According to PTI, the imposition of anti-dumping duty is allowed under the mechanism of the World Trade Organization (WTO).
This mission is to ensure fair trade practices and level the playing field for domestic producers versus foreign producers and exporters.
(With PTI input)
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