India makes an anti-circumvention final ruling on high tenacity polyester yarn originating from or imported from China – ChinaTexnet.com
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India makes an anti-circumvention final ruling on high tenacity polyester yarn originating from or imported from China

2023-04-07 07:55:19 CCFGroup

On March 31, 2023, the Ministry of Commerce and Industry of India announced that it had made an anti-circumvention final ruling on high tenacity polyester yarn originating from or imported from China, and ruled that the description, name or composition of the products involved in the case had been changed to evade the current anti-dumping duties, so it was proposed to expand the scope of duties on the products involved in the case in China. The current anti-dumping measures and validity period (ending on July 8, 2023) on Chinese high tenacity polyester yarn are also applicable to the following products. The Indian customs code of the product involved is 54022090.

1. High tenacity polyester yarns of less than 1000 denier but greater than 840 denier, including binder activation and other yarns. Except for yarns of 840 denier and below (when imported within 2.4% of the allowable tolerance).

2. High tenacity polyester yarns greater than 6000 denier but less than 7000 denier. Except for yarns of 7000 denier and below (when imported within 2.4% of the allowable tolerance).

3. Binder activated high tenacity polyester yarn (PUI III) greater than 1000 denier but less than 1300 denier. Except for yarns of 1300 denier (when imported within 2.4% of the allowable tolerance).

On June 15, 2017, the Ministry of Commerce and Industry of India launched an anti-dumping investigation on high tenacity polyester yarn originating from or imported from China. On July 9, 2018, the Indian Ministry of Finance issued Circular No. 3 5/2018-Customs (ADD), which decided to impose an anti-dumping duty of US$0-528/ metric ton on Chinese products, valid for five years until July 8, 2023. On July 27, 2022, the Indian Ministry of Commerce and Industry announced that it would launch an anti-circumvention investigation into high tenacity polyester yarn originating from or imported from China on the application submitted by Reliance Industries Limited, a domestic company, to examine whether the products involved had changed their description, name or composition to evade anti-dumping duties. On September 30, 2022, the Indian Ministry of Commerce and Industry announced that it would launch the first anti-dumping sunset review investigation on high tenacity polyester yarn originating from or imported from China on the application submitted by the Indian domestic company Reliance Industries Limited. The products involved are also called polyester industrial yarn (PIY) or industrial yarn (IDY). The following products are not included in this survey: yarns less than 1000 denier, yarns greater than 6000 denier, twist, colored yarns, adhesive reactive yarns greater than 1000 denier and yarns with high modulus and low shrinkage (HMLS) properties.

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