India has imposed anti-dumping duty of up to 266 per cent on imports of an IT equipment also used in the telecom sector to guard the domestic industry from cheap Chinese and Israeli shipments. Revenue department says the restrictive duty on import of Synchronous Digital Hierarchy Transmission Equipment would range from 3 per cent to 266 per cent on the Cost, Insurance, Freight.
The Directorate General of Anti-Dumping and Allied Duties ,DGAD, a nodal agency under the Commerce Ministry, had recommended imposition of the duty after an investigation. Our correspondent adds that the DGAD had concluded in its probe that the domestic industry had suffered a material injury on account of dumped imports of the equipment from the two nations.
