Boots fall!

On May 26, 2022, the Ministry of Commerce and Industry of India issued an announcement stating that after receiving the Office Memorandum issued by the Ministry of Finance on the same day, the Ministry of Finance did not accept its decision on February 16, 2022 for plastic processing machinery or plastic processing machinery originating in or imported from China.
The final anti-dumping ruling made by Plastic Processing Machines or Injection Moulding Machines decided not to impose anti-dumping duties on the products involved in China
.

On February 17, 2021, the Ministry of Commerce and Industry of India issued an announcement stating that in response to the application of the Plastic Machinery Manufacturers Association of India, plastic processing machinery (or injection molding machines) originating in or imported from China Start an anti-dumping investigation
.
On February 16, 2022, the Ministry of Commerce and Industry of India issued an announcement stating that it will make a final affirmative anti-dumping ruling on plastic processing machinery or injection molding machines originating in or imported from China, and it is recommended to impose a CIF (CIF) levy on the products involved in China.
43.
59% anti-dumping duty, valid for 5 years
.
The products involved are plastic processing machinery with a clamping force greater than or equal to 40 metric tons and less than or equal to 3,200 metric tons, and the Indian customs code involved is 8477.
1000
.
The following products are excluded from taxation: blow molding machines (customs code 847730), vertical injection molding machines, electric injection molding machines, multi-color/multi-mold shoe machines, rotary injection molding for the manufacture of shoes and shoe soles/laces/heels machine (the customs code is 8453), second-hand plastic processing machinery
.