India’s Directorate General of Anti-dumping and Allied Duties (DGAD) is considering to slap anti-dumping duty up to US $ 3.44 per kg on import of elastomeric filament yarn from China, South Korea, Taiwan and Vietnam. The Government is considering this move to safeguard the interest of domestic industry from cheap imports of elastomeric filament yarns used in the manufacturing of hosiery, swimsuits, aerobic or exercise wear, golf jackets and disposable diapers.
In its final findings, the DGAD, under the commerce ministry, has concluded that the yarn to India from these countries is below its associated normal value and due to this the domestic industry has suffered material injury.
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Anti-dumping probes are carried out by countries to determine whether the domestic industry has been hurt by a surge in below-cost imports. As a counter-measure, they impose duties under the multi-lateral WTO regime.
India’s Revenue Department last year imposed anti-dumping duty, ranging from US $ 83.08 per tonne to US $ 168.76 per tonne on import of chemicals used in the textile industry from five countries, namely China, Iran, Indonesia, Malaysia and Taiwan, to protect interest of domestic manufacturers.
