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India imposes anti-dumping taxes on Vietnam's DVDs
The Directorate General of Anti-Dumping (DAGD) under the Indian Ministry of Commerce has confirmed that it has investigated DVD-R and DVD-RW discs imported from Vietnam, Malaysia and Thailand.
Vietnam’s Ministry of Industry and Trade says that the DGAD has determined that manufacturers and exporters from these countries have been selling their products in the Indian market at prices much lower than their normal value.
Accordingly, the anti-dumping levy for Vietnam stands at 64.09% or $50.51 per 1000 units, while the corresponding figures for Malaysia and Thailand are 34.05% and 22.51% respectively. In 2008 and 2009, Vietnam’s DVD-Rs and DVD-RWs accounted for 12.11% of the Indian DVD market.
The DGAG conducted this investigation in response to a lawsuit from the Indian Optical Disc Manufacturers Welfare Association. (VOV News)
Story filed 19.07.10
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