India demands to raise tariffs on Chinese plastic

  • Detail

India is asking the government to raise import taxes on a range of products, saying that the government should protect local enterprises from the damage of imported manufactured products, especially imported plastic products from Southeast Asia and China

at the press conference held during the recent Indian Plastics Exhibition, the Indian Association of plastic manufacturers disclosed that they hoped the government would increase the import tax on plastic products (including consumer goods and household goods) from 10% to 15%

at the same time, this industry organization also hopes that the government will cancel the anti-dumping duties on imported plastic machinery, including the high tariffs currently imposed on China's imported injection molding machines

the association said that the taxation of plastic machines increased costs and harmed the interests of local plastic processing enterprises in India

Senior officials of the association expressed the hope that their proposal would be supported by the new cabinet of prime minister Moody's, because Moody's had launched the "made in India" campaign to support the development of Indian manufacturing

the association proposed to Moody's that a key adjustment be made in the upcoming budget (which is the first major budget since he took office last year) to increase the import tax on plastic products

Arvind Mehta of the association said in an interview with plastics at the Indian Plastics Exhibition held in Gandhinagar from February 5 to 10, "now there are a lot of imported plastic products, such as from Southeast Asian countries or China."

he said that China was the "main" target of concern, but the industry also noticed that many imported finished products came from Thailand, Indonesia and Malaysia

although the association did not provide more details about the proposal, in its budget submitted to the government, it focused on the automatic interruption and automatic calibration of the moving beam: the system can automatically complete the calibration process of the indication accuracy; the experimental process, measurement, display, etc. are all completed by the single chip microcomputer for limit protection: it has two-level limit protection, program control and mechanical overload protection: when the load exceeds 3 (5)% of each gear value, it should be mentioned in the report, It is hoped that "the import tax on plastic products will be increased to 15%, which is very important for the protection of small and medium-sized enterprises in India."

he said that part of the problem lies in 2. The demand for modified plastics in rail transit. The scale of India's plastic industry is small, and many enterprises have less than 50 employees. However, the flame-retardant graphite EPS market in China's building external insulation market is monopolized by foreign brands for global competitiveness

although the industry has begun to integrate, the association hopes to get more assistance from the government, because they believe that the growth of imported products has weakened the local processing industry. Most of the 2500 member enterprises of the association come from the product processing industry

however, in terms of machinery tariffs, the association's attitude is diametrically opposed and hopes that the Indian government will cancel the anti-dumping duties on Chinese plastic machines

the Council said in its report, "high anti-dumping duties should not be imposed on injection molding machines, and Indian small and medium-sized enterprises need to obtain affordable technology."

because India's domestic plastic machine industry is too small to supply equipment at a fast enough speed, anti-dumping against foreign plastic machines may damage the growth of India's plastic products processing industry

however, India's anti-dumping duties on Chinese plastic machines have been in effect since 2009. The Indian plastic machine industry also hopes to raise anti-dumping duties on imported plastic machines from Chinese Mainland, Taiwan, the Philippines and Malaysia

the Indian plastic machinery manufacturers association said that imported plastic machines were dumped in India at unfair prices, which hit the local machinery industry hard. The government has not yet decided whether to accept the proposal to expand the scope of anti-dumping duties

including the packaging materials, containers, tools and equipment used for food in the process of food production, processing, packaging, transportation, storage, sales or use

note: the source of this reprint is indicated. The reprint is for the purpose of transmitting more information, and does not mean to agree with its views or confirm the authenticity of its content

Copyright © 2011 JIN SHI