Home / Knowledge / News / Textiles / Anti-dumping duty imposed on variants of PFY
Anti-dumping duty imposed on variants of PFY
28
Mar '09
Ina notification released by the Department of Central Excise and Customs, Ministry of Finance, the government of India has imposed an anti- dumping duty on All Fully Drawn or Fully Oriented Yarn/Spin Draw Yarn/Flat Yarn of Polyester (non-textured and non–POY) tariff item 54024700 imported from China, Thailand and Vietnam ranging between US $112 and $527 per ton effective up to September 25, 2009.

This was apparently done to protect the interest of the Indian polyester manufacturers who has complained of dumping of these products at prices lower than those prevailing in the home markets of these countries. Earlier, the Directorate General of Anti-Dumping and Allied Duties, had initiated a anti-dumping probe by suggesting that Indian industry was affected caused due to imports" from China, Thailand and Vietnam at low prices.

When the proposal for imposing anti-dumping duty was initiated by the government, the Surat textile industry, which has the largest consumption of this product in the country, had protested against the decision. Mr Jariwala, Chairman of Federation of Indian Art Silk Weaving Industry (FIASWI) had then told fibre2fashion that, “There is already an anti-dumping duty on existing POY imports. Full drawn Polyester yarn (Filament / Silk Yarn) is manufactured in finer denier”,

He had added by saying, “And now as summer approaches, demand for this fabric will increase. Looking to that, if anti-dumping duty is imposed on yarn, indigenous yarn manufacturers will raise prices, which would result in high cost of yarn and low cost of finished product which will ultimately result in rise in import of the finer denier fabric, to the detriment of the Surat weaving industry”.

Earlier in the month, the Commerce Ministry in India, following the completion of a preliminary enquiry had concluded and recommended imposition of provisional anti-dumping duty on import of Flax fabrics from China and Hong Kong. This decision was taken on a petition filed by Indian manufacturers of Flax fabrics, which included Jayshree Textiles and other manufacturers across India.


Fibre2fashion News Desk - India


Must ReadView All

Courtesy: ABARES

Textiles | On 13th Dec 2017

Australian cotton production to grow 4% in 2017-18: ABARES

Cotton production in Australia is forecast to rise by 4 per cent to...

Global economy now growing by about 3%: UN

Textiles | On 13th Dec 2017

Global economy now growing by about 3%: UN

There is an upturn in the global economy, and it is now growing by...

Winners of Outstanding Award for Exceptional Performance with Anusha Alles (extreme right) and Sakura Manthreerathne, P.A.C.E. specialist at Brandix; Courtesy: Brandix

Apparel/Garments | On 13th Dec 2017

Brandix’s female workers benefit from GAP’s P.A.C.E

A group of 181 Brandix female associates have recently completed...

Interviews View All

Md Hanifur Rahman
Aman Group

The level of understanding the job role and organisational requirements...

Pinkesh Jain
Everflow Petrofils Ltd

‘An innovative technology which India needs desperately is the...

Akash Khetan
Narayan Tex Fab

I find it hard to find professionals in Surat

C Dhandayuthapani

MAG Solvics Private Limited was established in 1991 to design and develop...

Harmeet Singh

New Delhi-based Jogindra Industries Private Limited provides an assortment ...

Erik Sy

Manila-based CustomThread is a start-up offering premium custom apparel...

Urs Stalder
Sanitized AG

Urs Stalder, CEO, Sanitized AG, talks about the increasing use of hygiene...

Johan Berlin
InvestKonsult Sweden AB

Investkonsult Sweden AB has been buying and selling second-hand textile...

Mark Paterson
Technical Absorbents Ltd

Mark Paterson, R&D manager of Technical Absorbents Ltd talks about Super...

Yash P. Kotak
Bombay Hemp Company

One of the directors of Bombay Hemp Company, Yash P. Kotak, speaks to...

Silvia Venturini Fendi
Fendi s.r.l

"Yes, my confidence and positive attitude are my strengths and should be...

Sonam & Paras Modi
SVA

Sonam and Paras Modi's Sva Couture is synonymous with head-turning...

Press Release

Press Release

Letter to Editor

Letter to Editor

RSS Feed

RSS Feed

Submit your press release on


editorial@fibre2fashion.com

Letter To Editor






(Max. 8000 char.)

Search Companies





SEARCH

December 2017

Subscribe today and get the latest update on Textiles, Fashion, Apparel and so on.

news category


Related Categories:

Planning to Take the Leap towards
Sustainability?

Do you see sustainability as a route to business growth?

Yes No

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes No

Active Poll

Do you see sustainability as a route to business growth?

Yes
69.6%
No
12.0%
Skip
18.5%

Total Votes: 92

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes No

Active Poll

Do you think the sustainability space has the needed tools and resources available for a business to lead change?

Yes
62.0%
No
30.4%
Skip
7.6%

Total Votes: 92

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes No

Active Poll

Do you think adopting a sustainable approach will be a profitable move for your business?

Yes
87.0%
No
9.8%
Skip
3.3%

Total Votes: 92

Thanks for your valuable feedback. Claim your free latest sustainability e-book.

Active Poll

Do you want the world to know about your sustainability journey and your business’ environmental footprint?

Yes
81.5%
No
8.7%
Skip
9.8%

Total Votes: 92


E-News Insight
Subscribe Today and Get the
Latest News Update in Your Mail Box.
Advanced Search