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The Finance Ministry has extended the validity of the existing anti-dumping duty on compact discs-recordables (CD-Rs) imports from China, Hong Kong, Singapore and Chinese Taipei. The anti-dumping duty imposed in June 2007 will now be valid upto October 3, 2012, the revenue department has said.
The revenue department's latest move comes after the designated authority in the commerce ministry recommended extension of anti-dumping duty based on a sunset review.
In June 2007, the Finance Ministry had imposed definitive anti-dumping duty that ranged from $0.050 a piece in the case of imports from Hong Kong to $ 0.061 a piece for Chinese Taipei to $0.068 a piece in the case of Singapore and $0.099 a piece for CD-R imports from China.
CD-R is a polycarbonate disc containing a spiral groove on one side to guide the laser beam for writing and reading information. The disc is an optical storage medium for digital data or music. Recording on such a disc can be done only once and therefore, the disc is said to be of the type ‘WORM' (Write Once Read Many times).
The application seeking sunset review was filed by Storage Media Products Manufacturers & Marketers Welfare Association on behalf of the producers of CD-Rs. The Designated Authority considered Moser Baer India, which provided relevant financial information, as domestic industry within the meaning of the anti-dumping rules.
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