India considers tax on VN DVDs
India considers tax on VN DVDs
The Directorate General of Anti-Dumping and Allied Duties (DGAD) of India will arrange a hearing on the imposition of an anti-dumping tax on DVDs imported from Viet Nam, according to the Competitiveness Management Department under the Vietnamese Ministry of Industry and Trade.
The DGAD, a nodal agency of the Indian Commerce Ministry, recommended imposition of the duty after an investigation began in May 2009.
The agency concluded in its probe that the domestic industry had suffered a material injury on account of dumped imports of the DVDs from Viet Nam, Thailand and Malaysia.
In 2010, India decided to impose a duty on DVDs ranging from $29.75 per 1,000 pieces to $50.51 per 1,000 pieces. The duty imposed under this notification was to be levied for a period of five years, beginning April 12, 2010.
On December 31, 2013, India announced that the duty would be $73.01 per 1,000 DVDs.
Last year, India began anti-dumping probes to consider if Indian businesses have been sustaining losses and if there is need for the duty to continue.
Questionnaires related to the case were sent to involved parties. They were required to prepare proposals on their viewpoints, which will be presented at the upcoming hearing.
Vietnamese companies exported 57.56 million DVDs to India between 2008 and 2009.
In 2009, India levied anti-dumping duties of $46.94 per 1,000 CDs as well as tariffs ranging from $0.452 to $1.582 on compact fluorescent lamps bulbs from Viet Nam.
