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The Indian Solar Manufacturers’ Association (ISMA) has withdrawn its petition seeking anti-dumping duty on the import of solar cells and modules. The association had alleged before the Directorate of Anti-Dumping & Allied Duties (DGAD) that the domestic industry has been injured by the import of products from China, Taiwan and Malaysia.
After withdrawing its petition, ISMA said, “We had filed the petition for anti-dumping duty on solar cells and modules, covering the period of investigation till June 2017. However, import trends since then have made the period of investigation irrelevant. Exports from China, Taiwan and Malaysia have increased by 33 per cent to 45 per cent during July 2017 to December 2017.”
“This massive increase in volumes was enabled by a significant price reduction to dump more material in India. Prices in the same period fell by about 25 per cent. This has resulted in enhanced injury to the domestic industry, which would not have been fairly addressed by the outcome of an investigation covering the period up to June 2017,” the statement added. ISMA said it would file a fresh petition with a more recent period of investigation.
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