Increase To 147.20%! India Raises Final Anti-dumping Duty Rate On China's Industrial Laser Machines

On September 27 this year, India's Ministry of Commerce and Industry issued a notice saying that the origin or imported from China for cutting, marking or welding industrial laser machine to make a final anti-dumping ruling, the proposal for China's products involved in the levy of anti-dumping duties for a period of five years, the tax rate of CIF0% ~ 135.98%, the tax rate of the tax imposed on each enterprise facing different.
This initiative against China's industrial laser machine exports began on September 29, 2022, India's Ministry of Commerce and Industry issued an anti-dumping notice, the products involved mainly involves laser cutting machine (LCM), laser marking machine (LMM) and laser welding machine (LWM).
And the latest news shows that India in this category of Chinese exports staring very tightly, and there is a new action:
December 6, India's Ministry of Commerce and Industry issued a notice announcing the revision of anti-dumping duty rates for industrial laser machines (for cutting, marking or welding) originating in or imported from China. According to the latest adjustment, the anti-dumping duty rate ranges from 0% to 147.20% of Cost, Insurance and Freight (CIF).
The increase to 147.20%!
The latest announcement of the decision involves a number of Indian customs codes, including 84561100, 84569090, 84798199, 85152190, 85158090, and products under 90132000, affecting companies such as Da Nu, Bond, Jinwei Carving, Hongshi, Ou Rui and others.