A senior American trade official has said that the US is looking at the recent decision of India to impose anti-dumping duties on US solar panels.He said that it's an important sector and a case has been initiated at the WTO on the local content provision that India's national solar programme has in place. The Indian Commerce Ministry has recommended levying anti-dumping duty on solar cells imported from the US, Malaysia, China and Chinese Taipei, a move that is likely toprovide relief to Indian manufacturers.Concluding the one-and-a-half year-long probe into allegations that cheap solar cells are being dumped into India, the Ministry has suggested restrictive duty in the range of 0.11 US Dollars to 0.81 dollar per watt.The notification to impose anti-dumping duty is likely to be issued by the new government, which will assume office after swearing-in of BJP leader Narendra Modi as the Prime Minister.
News On AIR | May 24, 2014 11:23 AM