Overview
- Tariffs will be calculated on the CIF value of imports and apply to specific Chinese and Taiwanese manufacturers at rates between 27% and 63%.
- The Directorate General of Trade Remedies concluded on March 27 that dumped plastic processing machines caused material injury to India’s domestic industry.
- The Central Board of Indirect Taxes and Customs notification takes effect June 26 and will remain in force until June 2030.
- The move follows recent anti-dumping levies on multiple Chinese chemicals, underscoring a broader strategy to protect domestic sectors.
- A separate CBIC notification confirmed that mica pearlescent pigments for automotive coatings imported from China will not attract countervailing duties.