MoF notified regarding the anti-dumping duty on the Wheel Loaders originating in, or exported from China PR

Dec 28, 2023 | by TeamLease RegTech Legal Research Team

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Finance & Taxation ComplianceThe Ministry of Finance (MoF) on December 27, 2023, issued a notification regarding the anti-dumping duty on the Wheel Loaders originating in or exported from China PR

The following has been stated namely: -

• It states that the anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded, or amended earlier) and shall be payable in Indian currency.

• It further states that The following products are excluded from the scope of the investigation:

• The wheel loaders of the following specifications are to be excluded from the scope of the investigation namely: -

a) Rated payload capacity of more than 7,000 KG; and

b) Gross engine power above 180 kW; and

c) Measured distance at the center between the right and left wheel (wheel tread/track) above 2,280 mm; and

d) Measured distance between the front and back wheel axles (wheelbase) above 3,350 mm.

e)  Wheel Loader in Completely Knocked Down (CKD) or component form are excluded from the scope of the investigation.

f) Battery-operated wheel loaders are also excluded from the scope of the investigation.

 

[Notification No. G.S.R. 918(E)]


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