We will file a revised petition for anti-dumping duty next week: Dhruv Sharma, ISMA
Indian Solar Manufacturers Association (ISMA) has withdrawn its petition seeking Anti Dumping Duty on solar imports. The domestic solar industry body now plans to file a revised plea that takes into account the recent jump in import volumes.
Indian Solar Manufacturers Association (ISMA) has withdrawn its petition seeking Anti Dumping Duty on solar imports. The domestic solar industry body now plans to file a revised plea that takes into account the recent jump in import volumes, Dhruv Sharma, Member of ISMA’s Governing Council told Ankush Kumar in an interview.
Edited excerpts..
Why has ISMA withdrawn the petition on antidumping duty filed with the Directorate General of Anti-Dumping?
The petition for antidumping duty on solar cells and modules was filed by us in the month of July 2017. However, the period of investigation covered in that petition was till June 2017. The period of investigation covers import volume and production cost for analysis. While the petition covered the period till June 2017, the import of cells and modules increased by 33 per cent and 45 per cent between July 2017 and Dec 2017 as compared to the same period previous year. Also, simultaneously, the prices in the same period fell by around 25 per cent.
When do you plan to file the revised petition?
Both the factors — import percentage and the price fall — are very important for the investigation of the antidumping duty. As the import levels and the price in the original petition were very different from what it was in December 2017, we decided to withdraw it. We will file a fresh petition with the directorate next week which will be more relevant in terms of data. The antidumping petition takes into account three things — import volume, import price and the casual link of injury to the parties.
What is the status of the other petition filed by ISMA with the Directorate General of Safeguards?
These are two different departments and they have two different criteria. The DGS on 5 January recommended imposing a provisional duty of 70 per cent on modules. Later, one of the importers obtained a stay order from the court. Since then, the oral hearing has been concluded in the case and the final written submissions have to be made by both the parties on 9 March. Once the decision is out, the process of imposition of safeguard duty will also start.
Source: energy.economictimes.indiatimes
