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The Economic Times
The Economic Times
National

India renews 5-year levy on solar glass imports from Malaysia: Gazette

India has continued countervailing duties on imports of Malaysian solar glass for another five years, according to a finance ministry gazette notification, after a government trade remedies investigation found that removing the levy could lead to a recurrence of subsidisation and injury to domestic manufacturers.

The finance ministry, in a notification dated June 2, imposed countervailing duties ranging from 9.71% to 10.14% of the cost, insurance and freight (CIF) value on imports of textured tempered glass, also known as solar glass, originating in or exported from Malaysia.

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