China extends anti-dumping tariff on Indian fibre optic product

Reuters Beijing Aug 13, 2020, 08.35 AM(IST)

The 3,488-km-long Line of Actual Control between India and China covers from Jammu and Kashmir to Arunachal Pradesh. Photograph:( Zee News Network )

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The punitive tariff on single-mode optical fibre takes effect from August 14 and lasts for five years, with tariffs ranging between 7.4 percent and 30.6 percent depending on the specific Indian manufacturers, the ministry said.

China is extending an anti-dumping tariff on a fibre optic product made in India, the Ministry of Commerce said on Thursday.

The punitive tariff on single-mode optical fibre takes effect from August 14 and lasts for five years, with tariffs ranging between 7.4 percent and 30.6 percent depending on the specific Indian manufacturers, the ministry said.

China previously slapped an anti-dumping tariff on the same Indian product for five years until Mid-August of 2019 and then had a review of the case.