Announced Tue, 16 Jun · 12:35 IST
DGTR backs anti-dumping duty on TPU PPF imports from China; company to benefit
Compliance View source PDF
GRWRHITECH · price
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₹6295.00
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₹6175.00
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AI summary
Garware Hi-Tech Films informed exchanges that the Directorate General of Trade Remedies (DGTR) has issued final findings recommending anti-dumping duty on imports of TPU-based Paint Protection Film (PPF) from China. The duty, equal to the lesser of dumping margin and injury margin, is meant to protect the domestic industry. Garware Hi-Tech, a domestic manufacturer of TPU-based PPF, is expected to benefit. The final notification from the Central Government is still pending.
Likely market impact
Positive: anti-dumping duty on Chinese imports likely to shield domestic pricing and volumes, supporting Garware Hi-Tech's TPU PPF business.