Government may extend anti-dumping duty on imports of clear float glass
Monday, November 11, 2019, 8:43 AM
The government may extend existing anti-dumping duty on imports of clear float glass as the commerce ministry has recommended for continuation of the levy. Continuation of the duty was recommended by the ministry's investigation arm DGTR after concluding a probe into it. The DGTR has recommended duty in the range of USD 25.59 per tonne and USD 165 per tonne in the imports.
Govt scraps import duty on open cell TV panel to boost manufacturing
Thursday, September 19, 2019, 8:21 AM
The government has scrapped import-duty on open-cell TV-panel used to make television sets, as it aims to boost local-manufacturing by lowering-input-costs for TV makers who have been complaining about a slump in demand. The decision to remove 5% customs duty will help reduce manufacturing cost by around 3% but it wasn't immediately clear if all TV makers will pass on the benefit to consumers.
India may impose retaliatory tariffs on US goods from April 1
Wednesday, March 6, 2019, 3:13 PM
India is likely to impose higher duties on 29 goods imported from the US from April 1, adopting a firmer stance in relations with one of its biggest trading partners, which withdrew benefits under the Generalized System of Preferences (GSP). The decision could derail the substantive package that India and the US were working on to resolve trade issues.