Govt May Impose 25% Safeguard Duty On Imports Of Single-Mode Optical Fibre


New Delhi: The government may impose a provisional safeguard duty of 25% on imports of single-mode optical fibre, used for signal transmission.

As per reports, the Directorate General of Trade Remedies (DGTR), the ministry’s investigation arm, initiated the probe in September following a complaint from the domestic industry.

The preliminary findings concluded that the product is being imported in increased quantities and may cause serious damage to the domestic industry, DGTR said.

The single-mode optical fibre is used for signal transmission with certain bands and for manufacturing optical fibre cable.

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