India terminates anti-dumping probe into solar cell imports from Vietnam
VOV.VN - The Indian Ministry of Commerce and Industry has moved end an anti-dumping investigation into the import of solar cells from China, Thailand, and Vietnam following a request made by the Indian Solar Manufacturers Association (ISMA), according to Press Trust of India (PTI).
The Indian Ministry on May 15, 2021 initiated an anti-dumping probe into solar cells originating from these three nations on request by the Mundra Solar PV, Jupiter Solar Power, and Jupiter International that claimed the panels from the three countries were sold at unfairly low prices, thereby causing damage to domestic manufacturers.
PTI notes that that anti-dumping rules laid out in 1995 allow for termination of a probe in certain situations, including the withdrawal of application by the affected domestic industry at whose instance the investigation was launched.
Directorate General of Trade Remedies (DGTR) outlined in a notification that the manufacturers had withdrawn the application through an e-mail dated July 14.
After starting the probe, the Indian Government imposed customs duties of 25% on solar cells and 40% on solar modules, starting on April 1 this year.
According to PTI, the ISMA has submitted to the directorate that the imposed duties cover the entire scope of the product under investigation. In addition, it has considerably alleviated the price pressure suffered by the domestic industry caused by the dumping, though not fully.
In India, while the DGTR recommends the duty, the Department of Revenue will make the final decision to impose it.
“The duty is imposed only after a thorough investigation by a quasi-judicial body, such as the DGTR, in India. It is aimed at ensuring fair trade practices and creating a level-playing field for domestic producers,” PTI noted.