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March 12, 2015 02:00 AM

India extends antidumping duty on tire curing presses

Jane Ho
European Rubber Journal
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    NEW DEHLI, India—India has extended its anti-dumping duty on tire curing presses—except certain presses for curing bicycle tires—originating in or exported from China, according to a March 3 notification by the department of revenue at India's ministry of finance.

    This preliminary decision was made after an investigation following a ‘sunset review' request filed by Larsen and Toubro Ltd., India's major producer of tire curing machinery.

    Such duty, at a rate of 10 percent of cost-insurance-freight value, was first imposed in 2009 on all tire curing presses. The tariff was removed from ‘six-day light curing press' for curing bicycle tires in 2012.

    The duty will remain in effect until Jan. 7, 2016, unless revoked earlier, according to the department of revenue.

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