India initiates anti-dumping probe into solar cell imports from Asian partners
VOV.VN - The Indian Ministry of Trade and Industry has unveiled that it is launching an anti-dumping investigation into a number of solar cell imports from various markets, including China, Thailand, and Vietnam, according to the Trade Remedies Authority of Vietnam.
This comes after an application was filed by the Indian Solar Manufacturers Association (ISMA), which alleges that the dumping of solar cells originating from China, Thailand, and Vietnam into the South Asian nation as led to the Indian industry facing significant damages.
The goods placed under investigation includes solar cell products with HS codes 8541.40.11 and 8541.10.12. The investigation period ranges from July, 2019, to December, 2020, while the period of damage investigation is from January, 2016, to December, 2020.
Currently the Indian Ministry of Trade and Industry has yet to provide details regarding the alleged dumping margin for each solar cell product under HS codes 8541.40.11 and 8541.10.12.
However, the Ministry points out that solar cell products originating or imported from China, Thailand, and Vietnam possess a high dumping margin which exceeds the minimum threshold of over 2%.
The Indian agency stated that it will therefore send a questionnaire out to all known producers and exporters. Within 30 days from the date of the notification of the initiation of the anti-dumping investigation, all relevant businesses must actively contact the Indian Ministry of Trade and Industry in order to register to receive the questionnaire.
These firms are therefore advised to use an experienced consulting unit that operates in the field. This should be done while regularly exchanging information with India’s import partners and closely co-ordinating efforts with the Trade Remedies Authority of Vietnam in order to receive support in a timely manner.
