The government on Wednesday imposed an anti-dumping duty on the import of wheel loaders into India, in a bid to protect the interests of the domestic industry. Wheel loaders are self-propelled wheel-mounted equipment with an articulation joint having a front-end loading mechanism.
In an official notification on Wednesday, the Ministry of Finance said it found that the goods were exported to India from China at dumped prices causing material injury to the domestic industry.
The duty, on the said imports from China, will range from 18.84 per cent to 82.71 per cent and will remain in force for five years, according to the finance ministry.