India extends ADD on yarn from China & Thailand

India extends ADD on yarn from China & Thailand

The Indian government has extended the anti-dumping duty (ADD) till December 31, 2020, on imports of fully oriented yarn or fully drawn, flat yarn of polyester (FDY) or spin drawn yarn, from Thailand and China, as per notification issued by the Central Board of Indirect Taxes and Customs (CBIC).

The Indian government extended the anti-dumping duty (ADD) till December 31, 2020, on imports of fully oriented yarn or fully drawn, flat yarn of polyester (FDY) or spin drawn yarn, from Thailand and China, as per notification issued by the Central Board of Indirect Taxes and Customs (CBIC).

Initially imposed in the month of October 2015 when the Directorate General of Trade Remedies (DGTR) uncovered that the imports were harming the domestic industry. The duty was then extended till November 30, last month, and now has been extended further by a month. FDY is generally used in making shoe upper fabrics, luggage/bag and curtain fabrics.

The Board added that DGTR, the designated authority, after conducting a review of the same that was initiated in April 2020, had sought for continuation of ADD.

“The designated authority has requested for further extension of the antidumping duty on the subject goods originating in or exported from the subject countries,” the notification added.

CATEGORIES
TAGS
Share This

COMMENTS

Wordpress (4)
  • comment-avatar

    Excellent article! We will be linking to this particularly great article on our website. Keep up the good writing. https://freehorseracingtv.com/live/

  • comment-avatar

    Great website. Lots of useful information here. I look forward to the continuation. https://yoykem.com.tr/

  • comment-avatar

    You are my inspiration , I possess few blogs and very sporadically run out from to post : (.

  • comment-avatar

    demais este conteúdo. Gostei bastante. Aproveitem e vejam este site. informações, novidades e muito mais. Não deixem de acessar para saber mais. Obrigado a todos e até mais. 🙂

  • Disqus ( )

    Hi There!

    Now get regular updates from ITJ Magazine on WhatsApp!

    Click on link below, message us with a simple hi, and SAVE our number

    You will have subscribed to our Textile News on Whatsapp! Enjoy

    +91 81082 88300

    Reach out to us

    Call us at +91 8108603000 or

    Schedule a Call Back