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MoC imposes anti-dumping duty on imports of VSF
21 May '10
1 min read
The Commerce Ministry of India has suggested imposing definitive anti-dumping duty on imports of Viscose Staple Fibre (VSF), not including bamboo fibre from Indonesia and China. This has been done following a complaint from the Association of the Man-Made Fibre Industry of India (AMFII).
The Designated Authority in the Commerce Ministry was of the opinion that, if the anti-dumping duty were not to be imposed, it would cause material harm and threat to the domestic VSF manufacturing sector, due to which it reached a conclusion to impose the penal duty on imports of VSF from these two countries.
The Authority has recommended a definitive anti-dumping duty of $0.164 per kg in the case of PT Indo-Bharat Rayon and $0.103 per kg in the case of P.T. South Pacific Viscose, both from Indonesia, while all other exporters of the fibre from Indonesia and even those using Indonesia as a steeping-board for exports will have to pay $0.512 per kg.
When considering China, the designated authority held that, all Chinese VSF manufacturers or exporters and also overseas entities exporting from the country will have to pay a definitive anti-dumping duty of $0.194 per kg.
The Designated Authority in the Commerce Ministry was of the opinion that, if the anti-dumping duty were not to be imposed, it would cause material harm and threat to the domestic VSF manufacturing sector, due to which it reached a conclusion to impose the penal duty on imports of VSF from these two countries.
The Authority has recommended a definitive anti-dumping duty of $0.164 per kg in the case of PT Indo-Bharat Rayon and $0.103 per kg in the case of P.T. South Pacific Viscose, both from Indonesia, while all other exporters of the fibre from Indonesia and even those using Indonesia as a steeping-board for exports will have to pay $0.512 per kg.
When considering China, the designated authority held that, all Chinese VSF manufacturers or exporters and also overseas entities exporting from the country will have to pay a definitive anti-dumping duty of $0.194 per kg.
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