India imposes anti-dumping duty on Malaysian float glass for 5 yrs

The Government of India on Wednesday (November 11, 2020) imposed an anti-dumping duty on imports of Clear Float Glass from Malaysia with immediate effect for a period of five years, as per an official notification.

The Department of Revenue, Union Ministry of Finance, said in the notification that clear float glass have been exported to India from Malaysia below its associated normal value, resulting in dumping and “material injury” to the domestic industry.

In exercise of powers under sub-sections (1) and (5) of section 9A of the Customs Tariff Act, the central government imposes an anti-dumping duty on Clear Float Glass imported into India from Malaysia, it further said.

The duty imposed on Clear Float Glass of thickness 4 mm-12 mm imported from Malaysia’s Kibing Group (M) Sdn. Bhd. will be the difference between the landed value of the product and USD 273.12 per metric tonne. For Xinyi Energy Smart, it will be the difference between the landed value of the product and USD 272.87 per metric tonne.

“The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency,” the notification stated.