13 May 2009 16:41 [Source: ICIS news]
NEW DELHI (ICIS news)--?xml:namespace>
The ADD applied to injection moulding machines “having clamping force not less than 40 tonnes”. The tariff was specified as a percentage of the cost, insurance and freight (CIF) value of the imported machinery.
The level of ADD enforced by the Finance Ministry varied from 76% to 223%, in line with the anti-dumping authority's (
Plastic-processing machinery is used in the production of various products for the automobile, electronics and packaging industries.
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