Govt mulls imposing anti-dumping duty on Chinese polyester yarn for 5 years

Govt mulls imposing anti-dumping duty on Chinese polyester yarn for 5 years

Govt mulls imposing anti-dumping duty on Chinese polyester yarn for 5 years

In order to provide a level playing field to domestic players and guard them against below-cost imports, the government may impose anti-dumping duty of up to $ 528 per tonne for 5 years on ‘High Tenacity Polyester Yarn’, a Chinese polyester yarn used in automobile and other industries, it is understood.

The anti-dumping duty has been recommended, in its final findings, by the Commerce Ministry’s investigation arm, the Directorate-General of Anti-dumping and Allied Duties (DGAD), reports said.

Farsana

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