The European Commission has imposed a definitive Countervailing Duty (CVD) of 5.40% on imports of single mode optical fibre cables originating in India, effective from 12th June 2025.
The definitive anti-dumping duty (ADD) on these cables has been reduced from 6.90% to 2.90%, following representations and submissions made by Universal Cables Limited.
Consequently, a combined duty of 8.30% (5.40% CVD + 2.90% ADD) will now be imposed on the company's exports of single mode optical fibre cables to the European Union.
The company received this communication on 11th June 2025.
The financial impact of these duties is currently un-ascertainable.