clear float glass: CVD likely on Malaysian Clear Float Glass

clear float glass: CVD likely on Malaysian Clear Float Glass


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New Delhi: India may impose a countervailing duty on the imports of Clear Float Glass from Malaysia based on an application filed by
Asahi India Glass, Gold Plus Glass Industry, Saint-Gobain Glass India and Sisecam Flat Glass India alleging that subsidized imports were harming the domestic market.
“Imposition of countervailing measures would remove the unfair advantages gained by subsidization and create level playing field,” the Directorate General of Trade Remedies (DGTR) said in a notification in which it suggested a countervailing duty of 4.02-11.15% of the landed value of the exported product for five years.
Clear Float Glass is used in construction, refrigeration, mirror and solar energy industries, among others.

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