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%.
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✅ 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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