CBIC imposes Anti-Dumping Duty on Cellophane Transparent Film for 5 years

The Central Board of Indirect Taxes and Customs (CBIC) has imposed a five-year anti-dumping duty on imports of cellophane transparent films. The investigation revealed that these imports were being dumped into the Indian market at unfairly low prices, harming the domestic industry. The anti-dumping duty is intended to rectify this imbalance by making imported cellophane films more expensive and less attractive to buyers, thereby protecting Indian manufacturers. The films, classified under specific tariff items, are widely used in packaging and other applications, making this duty significant for the domestic market.