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Date: 09/12/2024

India slaps anti-dumping duty on solar glass from China, Vietnam

The Ministry of Finance has announced provisional anti-dumping duties on textured, tempered, coated and uncoated solar glass imported from China and Vietnam. The decision comes after a comprehensive preliminary investigation conducted by the Directorate General of Trade Remedies (DGTR) in February, which uncovered evidence of dumping practices in the solar glass market. Preliminary findings revealed that solar glass was being exported to India from China and Vietnam at prices below fair market value. The investigation determined that these imports significantly increased both in absolute terms and relative to domestic production and consumption, causing substantial material injury to the Indian domestic glass industry. 
 
The provisional anti-dumping duty will remain in effect for six months, with duty rates varying depending on the producer and country of origin. Importers will be required to pay the duty in Indian currency, with the exchange rate calculated according to a separate Ministry of Finance notification, said a report.
 
Source: Exim News Service: New Delhi, Dec. 8



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