In a significant move aimed at protecting the domestic industry, India has imposed an anti-dumping duty on ‘Industrial Laser Machines’ imported from China. The decision comes following the findings of the designated authority, which highlighted the adverse impact of dumped prices on the domestic market.
The Ministry of Finance, Department of Revenue, issued a notification (No. 15/2023-Customs) on December 22, 2023, formalizing the imposition of anti-dumping duties.
The designated authority found that the subject goods were exported from China to India at dumped prices and that the domestic industry suffered material injury due to the influx of these imports.
Material injury attributable to the dumped imports of subject goods from China was also noted in the Anti-Dumping Investigation.
The subject goods, ‘Industrial Laser Machines’ falling under tariff items 84561100, 84569090, 84798199, 85152190, 85158090, and 90132000, are used for cutting, marking, or welding operations.
– The duty is applicable on fully assembled, SKD, or CKD forms of Industrial Laser Machines.
– The duty is applicable to specific producers from China, including GD Han’s Yueming Laser Group Co., Ltd., Han’s Laser Smart Equipment Group Co., Ltd., Han’s Laser Technology Industry Group Co., Ltd., and others.
– Duty rates range from 22.54% to 147.20% of Cost, Insurance and Freight (CIF), depending on the producer.
The anti-dumping duty will be effective for a period of five years from the date of publication in the Official Gazette, unless revoked, superseded, or amended earlier.
Importers of the subject goods are required to comply with the anti-dumping duty regulations. The duty shall be payable in Indian currency.
This move reflects India’s commitment to fair trade practices and safeguarding its domestic industries against unfair competition and dumping. Importers and stakeholders are advised to stay informed about the regulations and ensure compliance with the new anti-dumping measures.
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