Govt imposes anti-dumping duty on tempered glass from China

India Infoline News Service | Mumbai | August 21, 2017 13:21 IST

The Finance Ministry has imposed a definitive anti-dumping duty on certain ‘textured toughened (tempered) glass’ imports from China.

The Finance Ministry has imposed a definitive anti-dumping duty on certain ‘textured toughened (tempered) glass’ imports from China.
 
‘Textured toughened (tempered) glass’ is used as a component in solar photovoltaic panels and solar thermal applications. This product is also known as solar glass, low iron solar glass or high transmission photovoltaic glass.
 
Based on the recommendations of the designated authority in its final findings, the revenue department has imposed anti-dumping duty ranging from USD 52.85 per tonne to USD 136.21 per tonne, depending on the producer and exporter from China.
 
Gujarat Borosil, a producer of tempered glass in the country, had filed the petition seeking anti-dumping probe on tempered glass imports from China.
 
The share price of Gujarat Borosil increased 0.67% at Rs 82.6 at 1250 hours. It has witnessed a turnover of Rs 11.05 lakh on BSE. Gujarat Borosil has adjusted 52-week high at Rs 120 (October 24, 2016) and adjusted 52-week low at Rs 66.55 (November 22, 2016).

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