India has imposed an anti-dumping duty of up to $664 per
tonne on imports of a certain type of solar glass from China and Vietnam for
five years in a bid to protect domestic manufacturers from cheap imports from
these two countries.
The duty was imposed after the commerce ministry's
investigation arm Directorate General of Trade Remedies (DGTR) recommended for
the same after conducting a detailed probe on the dumping of 'Textured
Toughened (Tempered) Coated and Uncoated Glass' from China and Vietnam.
Commonly used in solar panels, these glasses are also referred to as Solar
Glass, Low Iron Solar Glass, Solar PV Glass, High Transmission Photovoltaic
Glass, and Tempered Low Iron Patterned Solar Glass. It has concluded in its
findings that there is a substantial increase in the volume of dumped imports
of the glass from these countries in absolute and relative terms.
The anti-dumping duty imposed under this notification shall
be effective for a period of five years from the date of imposition of the
provisional anti-dumping duty, that is, December 4, 2024, unless revoked,
amended or superseded earlier. The imposed duty will be in the range of $570
per tonne and $664 per tonne. The DGTR conducted the probe following
applications regarding the same from Borosil Renewables on behalf of the
domestic industry.
Source: Ace Equity
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