India has imposed anti-dumping duty ranging from 7.46 percent to 40.91 percent on the CIF (cost, insurance and freight) value of imports of glass fibre from China to protect domestic players. The duty was imposed on the recommendations of the Directorate General of Anti-Dumping and Allied Duties or DGAD, a nodal agency under the Commerce Ministry, after an investigation, reports said.
The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty (July 14, 2010), the Department of Revenue said. India has already imposed duty on imports of fabric, yarn, nylon tyre cord and several chemicals from China.
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