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PYMA criticises NTC for levying anti-dumping duties on PFY
06 Nov '17
2 min read
Pakistan’s National Tariff Commission (NTC) has been criticised by the Pakistan Yarn Merchants Association (PYMA) for imposing anti-dumping duties between 3.25 and 11.35 per cent on import of polyester filament yarn (PFY) from China and 6.35 per cent on such imports from Malaysia. Three-fourths of the domestic requirement of such yarn is met through imports.
The total annual requirement of such yarn of small and medium-sized units manufacturing art silk fabric is more than 220,000 million tonnes (MT).
The anti-dumping duties are unjustified as the domestic industry in Pakistan is incapable of meeting the yarn demand, Pakistani media reports quoted PYMA chairman Muhammad Usman as saying.
The association has also alleged that NTC member Robina Ather has complained to the commerce secretary about the improper functioning of the commission leading to undesired results. The commission does not hold regular meetings, there is no schedule or procedure for conducting the meetings and minutes of the decisions taken are not recorded, she wrote in her letter.
According to her, anti-dumping duties on PFY imports is the result of maladministration and mismanagement in the commission and shows that decisions are not taken keeping in view the impact on downstream user industry.
Art silk fabric is used by Pakistani women of middle and low-income classes and these duties impact their buying capacity. (DS)
The total annual requirement of such yarn of small and medium-sized units manufacturing art silk fabric is more than 220,000 million tonnes (MT).
The anti-dumping duties are unjustified as the domestic industry in Pakistan is incapable of meeting the yarn demand, Pakistani media reports quoted PYMA chairman Muhammad Usman as saying.
The association has also alleged that NTC member Robina Ather has complained to the commerce secretary about the improper functioning of the commission leading to undesired results. The commission does not hold regular meetings, there is no schedule or procedure for conducting the meetings and minutes of the decisions taken are not recorded, she wrote in her letter.
According to her, anti-dumping duties on PFY imports is the result of maladministration and mismanagement in the commission and shows that decisions are not taken keeping in view the impact on downstream user industry.
Art silk fabric is used by Pakistani women of middle and low-income classes and these duties impact their buying capacity. (DS)
Fibre2Fashion News Desk – India
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