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India ends anti-dumping measures on China-related elastomeric filament yarn

2022-06-06 07:48:00 CCFGroup

On May 18, 2022, the Ministry of Commerce and Industry of India announced that the Ministry of Finance did not accept its final recommendation on Elastomeric Filament Yarn originating from or imported from Chinese mainland, South Korea, Vietnam and Taiwan of China on February 1, 2022, and decided to terminate the current anti-dumping measures against these countries and regions.

 

On January 27th, 2016, India's Ministry of Commerce and Industry announced the launch of an anti-dumping investigation into elastic yarns originating from or imported from Chinese mainland, South Korea, Vietnam and Taiwan. On May 3, 2017, the Indian Ministry of Finance issued Circular No. 15/2017-Customs (ADD), imposing anti-dumping duties of US $0.48~3.34/kg, US$0~1.90/kg, US$0.36~2.16/kg and US$2.40/ kg on products from Chinese mainland, South Korea, Vietnam and Taiwan, respectively, valid until May 2, 2022. 

 

 

On June 30, 2021, the Indian Ministry of Commerce and Industry announced that, upon the application of an Indian enterprise Indorama India Private Limited, it launched the first anti-dumping sunset review investigation on elastic yarns originating from or imported from Chinese mainland, South Korea, Vietnam and Taiwan of China, with the Indian customs tariff codes 5404 1100, 5402 4400 and 54026990 (customs codes are for general reference only, as specified in the English description of the products involved). The products involved are elastic filament yarns less than or equal to 150 denier. Except for colored yarn and beam elastic yarn. 

 

On July 8, 2021, under the guidance of the Trade Relief Bureau of the Ministry of Commerce, a network response coordination meeting of enterprises was organized . After integrating the enterprise's willingness to respond, the industry defense did not organizein this case. On February 1, 2022, the Ministry of Commerce and Industry of India affirmed the case and proposed to continue to impose anti-dumping duties on products from the above-mentioned countries and regions for a period of five years. The anti-dumping duties are US$3.34/kg for Chinese mainland, US$0~1.90/kg for South Korea, US$0.36~2.16/kg for Vietnam and US$2.40/kg for Taiwan, China. In the end, the Indian Ministry of Finance did not approve the final tax proposal of the Ministry of Commerce and Industry, and there was no measure to close the case.

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