Circular No. 07/2024-Customs (ADD) dated March 15, 2024 issued by the Directorate of Revenue, Ministry of Finance, India, formally announced the continuation of the levy of Aluminium Alloy Road Wheels [ARW] originating from or imported into China for a period of five years.Anti-dumpingThe decision is based on the affirmative final ruling of the second anti-dumping sunset review made by the Indian Ministry of Commerce and Industry on January 6, 2024.
The anti-dumping duties are imposed on aluminum alloy wheel hubs with diameters ranging from 12 inches to 24 inches, regardless of whether they are equipped with accessories. The specific tax amounts vary according to different manufacturers. The Zhejiang Shuguang Industrial Co., Ltd. involved in the case was charged $0.23/kg, Zhejiang Jinfei Keda Wheel Co., Ltd. was charged $0.52/kg, Shandong Shuangwang Aluminum Co., Ltd. was charged $0.63/kg, and the tax rates of other Chinese manufacturers were as high as $1.71/kg. This move reflects India's careful distinction and assessment of the specific circumstances of different companies.
It is worth noting that this anti-dumping measure is specifically aimed at aluminum alloy wheel hubs used in vehicles, and does not apply to products with a diameter exceeding 12 to 24 inches, as well as aluminum alloy wheel hubs for two-wheeled vehicles. This reflects the targeted and specific nature of the measure, which aims to protect relevant domestic industries in India from unfair trade practices while avoiding unnecessary economic burdens on unrelated products.
The anti-dumping duty decision is part of India's continuous monitoring and adjustment of aluminum alloy wheel imports. Since the first anti-dumping investigation was launched in December 2012, India has implemented multiple rounds of tax adjustments on the same products from China, South Korea and Thailand. This adjustment is the result of in-depth analysis of market conditions, consideration of the impact on the domestic industry and listening to opinions from all parties, reflecting India's determination to maintain a fair competition environment in the domestic market.
The Indian Ministry of Commerce and Industry's action is in line with the anti-dumping legal framework under global trade rules. Anti-dumping measures are aimed at correcting market distortions caused by dumping and ensuring that domestic industries are not harmed by unfair trade practices. According to the rules of the World Trade Organization (WTO), member countries have the right to take necessary measures against dumped products from specific countries to protect their domestic industries.