Government opts not to impose duty on Thai tyres
Top Searches
Government opts not to impose duty on Thai tyres
Nandini Sen Gupta / TNN / Updated: Mar 3, 2021, 08:59 IST
FacebookTwitterLinkedinEMail
(Representative image)
CHENNAI: The finance ministry has decided not to impose anti-dumping duty on truck and bus radial tyres imported from Thailand. The ministry said in a notification that the “central government has decided not to impose the anti-dumping duty on imports of new pneumatic radial tyres of rubber for buses and lorries with or without tubes and/or flaps originating or exported from Thailand.”
The move comes after the Directorate General of Trade Remedies recommended that an anti-dumping duty should be imposed on Thai imports of truck and bus radials based on an application filed by the Automotive Tyre Manufacturers’ Association (ATMA).