India has imposed anti-dumping duty of up to 40.9 per cent on the import of glass fibre, used in automobiles, electrical insulation and heat resistant fabrics, from China to protect domestic players.
The restrictive duty on import of glass fibre would be imposed for a period of five years, the Department of Revenue said.
The duty would be ranged between 7.46 per cent to 40.91 per cent on the CIF (cost, insurance and freight) value of imports of the Fibre from China, it added.
“The anti-dumping duty imposed shall be levied for a period of five years (unless revoked, superseded or amended earlier) from the date of imposition of the provisional anti-dumping duty (July 14, 2010),” the department said.
