Multibaggerstock.in
June 17, 2025 at 06:18 AM
📢 Birla Cable Ltd. – Key Update from the European Commission 1. Communication Received Birla Cable Ltd. has received official communication from the European Commission regarding Regulation (EU) 2025/1135. 2. Duties Imposed On exports of single mode optical fibre cables from India to the European Union: Countervailing Duty (CVD): 5.40% Anti-Dumping Duty (reduced): 2.90% 3. Total Combined Duty The total applicable duty is 8.30%. --- ✅ What Could Be the Potential Benefit for Birla Cable Ltd.? 🔻 Lower Anti-Dumping Duty: The reduction in anti-dumping duty eases the overall tax burden on exports compared to previous rates. 🌐 Regulatory Clarity: With clearly defined duties, the company gains better visibility for planning its export strategy and pricing in the EU. 🛡️ Level Playing Field: As these duties are imposed across Indian exporters, Birla Cable will continue to operate in a fair and balanced competitive environment. 📈 Premium Positioning Opportunity: Maintaining high product quality could allow Birla Cable to justify slightly higher prices and strengthen its image as a premium supplier in the European market.
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