CBIC imposes Anti-Dumping Duty on Luxury Vinyl Tiles exported from China PR, Taiwan and Vietnam [Read Notification]

The Central Board of Indirect Taxes and Customs (CBIC) has issued a notification imposing anti-dumping duty (ADD) on Luxury Vinyl Tiles, originated or exported from China PR, Taiwan and Vietnam.

Earlier, the Designated Authority has found that the product has been exported to India at a price below normal value, thus resulting in dumping. Further, the dumping of the subject goods has materially retarded the establishment of domestic industry in India. It was also found that the volume of the subject imports has increased even after commencement of the commercial production in India, and has recommended imposition of anti-dumping duty on imports of the subject goods, originating in, or exported from the China PR and Taiwan and imported into India, in order to remove injury to the domestic industry.

“Vinyl Tiles other than in roll or sheet form” having minimum tile thickness of 2.5 mm and a maximum tile thickness of 8 mm (without considering the cushion), with protective layer having thickness in range of 0.15 mm to 0.7 mm; also known in market parlance as luxury vinyl tiles, luxury vinyl flooring, stone plastic composite, SPC, PVC flooring tiles, PVC tiles, rigid vinyl tiles or rigid vinyl flooring,” the CBIC Notification said.

The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be payable in Indian currency.

“For the purposes of this notification, rate of exchange applicable for the purpose of calculation of such anti-dumping duty shall be the rate which is specified in the notification of the Government of India, in the Ministry of Finance (Department of Revenue), issued from time to time, in exercise of the powers conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant date for the determination of the rate of exchange shall be the date of presentation of the bill of entry under section 46 of the said Customs Act,” the Notification added.

To Read the full text of the Order CLICK HERE

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