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Indian govt imposes anti-dumping duty on FDY imports
14 Oct '09
1 min read
The Anti-dumping Bureau under the Ministry of Commerce, delivered its final ruling on the anti-dumping probe conducted on imports of Fully Drawn or Fully Oriented Yarn / Spin Draw Yarn / Flat Yarn of Polyester (non-textured and non-POY).
These yarns which originate from China, Thailand and Vietnam have been imposed a minimum antidumping tax of 18.03 percent and a maximum of 48.32 percent.
In effect, this means an additional duty ranging from US $240 per ton to $547 per ton. The affected companies have the option to appeal to the Customs and Tax Revenue Appeal Court against this decision.
These yarns which originate from China, Thailand and Vietnam have been imposed a minimum antidumping tax of 18.03 percent and a maximum of 48.32 percent.
In effect, this means an additional duty ranging from US $240 per ton to $547 per ton. The affected companies have the option to appeal to the Customs and Tax Revenue Appeal Court against this decision.
Fibre2fashion News Desk - India
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