The Recycler
  • Static Control June 2022 Masthead Ad
  • Katun web banner December 2022 NEW
  • Biuromax Web banner June 2022

ITDL gains as import tariffs kick in

November 21, 2022

Profits were up at ITDL as the impact of domestic import tariffs kicked in.

Sales at Indian toners and Developers rose 18.18% to Rs 39.33 crore ($4.8 million / €4.7 million) in the quarter that ended September 2022 compared to the same period in 2021. Net profits also rose 7.16% to Rs 5.99 crore ($732,000/ €715,000).

In June 2020, Indian authorities imposed tariffs on monochrome toner powder imported from China, Malaysia and Taiwan following a complaint by India’s two leading toner manufacturers, Indian Toners and Developers Ltd and Pure Toners and Developers Pvt. Ltd.

The investigation found that over the period investigated; toner imported from China and Taiwan undercut the domestic market between 0% and 20%. In contrast, toner imported from Malaysia undercut the domestic market by between 40% and 60%.

The taxes vary from country to country, with tariffs for toner from Taiwan, $196 (€175) per metric tonne, China, $834 (€743) per metric tonne and Malaysia, $1,686 (€1,503) per metric tonne.

Categories : City News

Tags : Business Financials India ITDL Tariffs

  • Ninestar Web advert Feb 2023
  • Mito Web Ad March 2023
  • Aster Web advert March 2023
  • GM Technology Web Ad March 2023
  • IR Italiana Web ad January 2021
  • Apex March 2023 Web Ad
  • GPI Web Ad March 2023
  • Biuromax Big & Bold Feb 2023
  • Static Control June 2022 Big & Bold Ad
  • ink Tank web banner March 2023
  • CET Web Ad Jan 2023
  • PCL Group Jan 2023 Web ad
  • HYB October 2022 Web banner
  • Zhono Web Ad March 2023
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • Zhono Web Ad March 2023
  • ITP Web ad January 2021
  • CTS New Ad March 2022
  • PCL Group Jan 2023 Web ad
  • CET Web Ad Jan 2023
  • HYB October 2022 Web banner
  • ITP Web ad January 2021
  • HYB October 2022 Web banner
  • PCL Group Jan 2023 Web ad
  • CET Web Ad Jan 2023
  • CTS New Ad March 2022
  • Zhono Web Ad March 2023

The Recycler, Wittas House, Two Rivers, Station Lane, Witney, OX28 4BH, United Kingdom | Tel: +44 (0) 1993 899800 | Fax : +44 (0) 1993 226899
©2006-2023 The Recycler - Terms & Conditions - Privacy Policy including cookie use

Web design Dorset | Websites by Mark

The Recycler Subscribe Web ad January 2021
The Recycler Subscribe Web ad January 2021