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Peru continues anti-dumping duty on Chinese printed fabric
04
Apr '13
Last month, China’s Embassy in Peru was informed by the Peruvian National Institute for the Defense of Competition and the Protection of Intellectual Property (INDECOPI) about the final ruling on anti-dumping sunset review on three kinds of blended fabrics imported from China.
 
The anti-dumping review was related to synthetic fabrics (HS Code 5515120000), colorful doubling-thread fabrics (HS Code 5513310000) and printed fabrics (HS Code 5513410000).
 
INDECOPI ruled that anti-dumping duties will no longer be applicable on import of synthetic fabrics and fabrics based on colourful yarns, but anti-dumping duties would continue for two years on import of printed fabrics from China.
 
Anti-dumping duty at the rate of US$ 1.30/kg will be applicable on imported printed fabric if the FOB import price is more than US$ 4.23/kg. Printed fabric priced between US$ 3.97 and 4.23/kg will invite anti-dumping duty of US$ 1.51/kg.
 
Similarly, printed fabric that have FOB import price in the range of US$ 3.71-3.97/kg will be taxed at the rate of US$ 1.65/kg, while fabric priced below US$ 3.71/kg will invite duty at the rate of US$ 1.82/kg.
 
Peru had initially imposed anti-dumping duties for three years on the three kinds of fabrics in 2009, which expired in 2012. Subsequently, a sunset review investigation was ordered in March 2012 after receiving application from Peruvian companies and textile associations.
 

Fibre2fashion News Desk - India

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