Updates

Initiation of sunset review investigation of countervailing duty concerning imports of New Pneumatic Radial Tyres for Buses and Lorries from China originating in or exported from China (29.12.2023)

Product description – The product under consideration is “New/Unused pneumatic radial tyres with or without tubes and/or flap of rubber (including tubeless tyres), having nominal rim dia code above 16″ used in buses and lorries/trucks” from China.

HS Codes – The product is classified under Chapter 40 of the First Schedule to the Customs Tariff Act, 1975. Tyres are classified under HS code 40112010. Tubes and flaps are classified under HS codes 40131020 and 40129049 respectively. The product is also being imported under the HS code 40118000. The custom classification is only indicative and the same is not binding.

Uses – Used in buses and lorries/trucks

Countries Involved – China

Applicants – Automotive Tyre Manufactures Association on behalf of Apollo Tyres Limited, J.K. Tyre Industries Limited and MRF Limited

Period of investigation – The Authority accepted applicants’ proposal to consider 1st April 2022 to 30th June 2023 (15 months) as POI, as the 12 months investigation period (July 2022 – June 2023) would result in practical difficulties in preparation of data of applicants being multi-product companies, having several plants.

Injury period – 2019-20, 2020-21, 2021-22 and the period of investigation

Facts of present case –The application was filed due to continuation of subsidies and additional subsidy programs identified and consequent likelihood of injury in case of expiry of duty. The evidence submitted by the applicants demonstrated that there is likelihood of continuation of subsidies and likelihood of injury to the domestic industry in case of expiry of duty in force, considering third country exports by China at lower prices, trade remedial measures imposed by third countries against China, capacity additions made by exporters, likely adverse impact on the price and performance of the domestic industry.