On July 18, the Anti-Dumping Investigation Bureau of the Ministry of Commerce and Industry of India issued a pre-disclosure disclosure on the anti-dumping investigation of Huaka Bus tires.
At present, the stakeholders in the case are submitting comments on the pre-final disclosure, and the final ruling is expected to be released before August 2.
The investigation authority calculates the normal value of the tire involved in the case based on the following information.
In terms of raw material prices, the Chinese export/import price listed by World Trade Atlas is adopted, that is, the price corresponding to natural rubber, synthetic rubber, carbon black, nylon cord fabric, steel cord, and bead wire.
According to Indian domestic industry data, the price of other chemicals and the price of reclaimed rubber are determined.
In terms of production consumption, the most effective domestic industrial consumption quota, industrial production cost, and industrial sales, management and financial expenses are adopted.
The profit margin is determined to be 5%.
The Indian side rejected the answer sheet of a Chinese company and will determine its export price based on the facts available; in addition, they accept the export prices of other companies.
The investigation authority believes that the imported products under investigation have caused substantial damage to the Indian domestic industry.
When determining the anti-dumping tax rate, the Indian investigation authority will determine the final tax rate based on the dumping margin and the extent of the damage.
Its future tax rate is likely to be shown in the table below.
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