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Anti-dumping duty on narrow woven fabrics to continue
23 Aug '10
1 min read
After conducting a sunset review of whether to continue the anti-dumping duty imposed on imports of narrow woven fabrics from China and Taiwan in July 2005, the Designated Authority in the Ministry of Commerce has recommended that anti-dumping duty be continued.
It may be recalled that a definitive anti-dumping duty was imposed on imports of narrow woven fabrics from China and Taiwan in July 2005 and the sunset review was undertaken after a petition was received by the authority from Sky Industries Ltd, Mumbai, mentioning that, circumstances which existed at the time of original investigation were still in force.
In the probe, which was initiated by the designated authority, it came to the conclusion that if the anti-dumping duties are revoked, material injury to the domestic industry would continue as well as intensify. So, it recommended that the anti-dumping duty should be extended, along with a modification in the anti-dumping duty rates.
Accordingly, anti-dumping duty on narrow woven fabrics imported from China will be charged US $2.87 / kg and from those shipped from Taiwan will be $1.75 / kg.
It may be recalled that a definitive anti-dumping duty was imposed on imports of narrow woven fabrics from China and Taiwan in July 2005 and the sunset review was undertaken after a petition was received by the authority from Sky Industries Ltd, Mumbai, mentioning that, circumstances which existed at the time of original investigation were still in force.
In the probe, which was initiated by the designated authority, it came to the conclusion that if the anti-dumping duties are revoked, material injury to the domestic industry would continue as well as intensify. So, it recommended that the anti-dumping duty should be extended, along with a modification in the anti-dumping duty rates.
Accordingly, anti-dumping duty on narrow woven fabrics imported from China will be charged US $2.87 / kg and from those shipped from Taiwan will be $1.75 / kg.
Fibre2fashion News Desk - India
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