USFDA12 Jun 2025, 06:35 pm
Birla Cable Ltd. Faces Combined CVD and Anti-Dumping Duty on Optical Fibre Cables Exports to European Union
AI Summary
Birla Cable Ltd. has received communication from the European Commission regarding the implementation of Regulation (EU) 2025/1135, imposing a definitive Countervailing Duty (CVD) and amending the anti-dumping duty on imports of optical fibre cables originating in India. The CVD of 5.40% and the reduced anti-dumping duty of 2.90% will be imposed on the exports of single mode optical fibre cables by the Company to European Union, resulting in a combined duty of 8.30%. The financial impact of this decision is currently unascertainable.
Key Highlights
- Birla Cable Ltd. has received communication from the European Commission regarding the implementation of Regulation (EU) 2025/1135
- A definitive Countervailing Duty (CVD) of 5.40% and a reduced anti-dumping duty of 2.90% will be imposed on the Company's exports of single mode optical fibre cables to European Union
- The combined duty will be 8.30%
- The financial impact of this decision is currently unascertainable