Buy soon, the price of USB drives is heading north very soon. The Indian customs have imposed anti-dumping duty on quite a few products since the start of 2015, including USB flash drives that are Originating in OR Exported from China ($3.12/unit) and Taiwan ($3.06/unit). This duty, for now, is levied for a period of Five years.
The designated authority in its final findings, concluded that:
- The subject goods has been exported to India from subject countries below its normal value, thus resulting in dumping of the product
- The domestic industry has suffered material injury due to dumping of the subject goods
- The material injury has been caused by the dumped imports of the subject goods originating in or exported from the subject countries
Source links:
- List of products: http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2015/cs-add2015/cs-notfns-add15-idx.htm
- Official details for USB Drives: http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2015/cs-add2015/csadd22-2015.htm
- News: http://www.thehindubusinessline.com/economy/dumping-duty-imposed-on-usb-flash-drive-imports-from-china-taiwan/article7238871.ece
Reference Image:
http://www.cbec.gov.in/customs/cs-act/notifications/notfns-2015/cs-add2015/cs-notfns-add15-idx.htm |
-VK
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