Financial Daily from THE HINDU group of publications
Friday, Jun 17, 2005

News
Features
Stocks
Port Info
Archives
Google

Group Sites

Industry & Economy - Anti-dumping


Dumping duty mooted on Chinese woven fabrics

Our Bureau

Final investigation has revealed that the subject goods have been exported to India below their normal value.

New Delhi , June 16

THE Designated Authority in the Commerce Ministry has recommended imposition of definitive anti-dumping duty on imported narrow woven fabrics from China and Chinese Taipei.

Narrow woven fabric having pile weave, made up of manmade fibres, is used as a fastening tape and is produced in sizes typically varying between 12 mm and 125 mm in width.

Major uses of the subject goods are in industries such as garments, surgical manufacturing, luggage/bags manufacturing, toys, automobile upholstery, and various other industrial segments.

In its final findings, notified recently, the authority said that it had received a written complaint from Sky Industries Ltd, Mumbai on behalf of domestic industry representing a major proportion of the domestic production of the subject goods.

A preliminary investigation led to recommendation of provisional duty order on January 1, 2005 and the investigation of dumping and injury covered is for the period from January 1, 2003 to December 31, 2003.

Its final investigation has revealed that the subject goods have been exported to India from the subject countries below their normal value, as a result of which domestic industry suffered material injury and the injury has been caused cumulatively by the dumped imports from the subject countries.

Accordingly, the anti-dumping duty in the case of firms exporting from Chinese Taipei is the difference between $7.61 per kg and the landed value of imports per kg.

In the case of firms from China, the anti-dumping duty recommended is the difference between $8.02 and the landed value of imports per kg.

The authority also said that the share of subject countries in domestic consumption, which was 0.3 per cent in 2000-01, increased to 33 per cent of the demand during the period of investigation.

Article E-Mail :: Comment :: Syndication :: Printer Friendly Page


Stories in this Section
Monsoon getting into action mode


Dumping duty mooted on Chinese woven fabrics
World Bank cautions TN on reversal of reforms
EEPC flays proposal to hike export credit rate
Amendment of double tax pact with Portugal
Decision on petro price hike deferred
CERC adds new chapter in draft Electricity Grid Code
Kerala khadi products to be exported to W. Asia
Assocham opposes dual pricing for coal supplies
KPMG opens audit institute in India
US Embassy clarification on student visas
MKU diploma for trainees
Healthcare cos look overseas — To create brand 'India'
Spot gold may test resistance level
Paper makers against taking industry out of core sector
CII delegation to visit UK
Cabinet approves design, development of Oceansat-2 Mission
Regional PF branches under Mangalore office
FIIs allowed in print media — Cabinet clears facsimile editions of foreign newspapers, journals
Andhra CM to tour Israel, Dubai from July 5
AP Govt aiming at 10% annual rise in investment
Digital service centres launched in Anekal taluk
Maditssia to organise entrepreneurship scheme
Spices exporters hail DGFT move


The Hindu Group: Home | About Us | Copyright | Archives | Contacts | Subscription
Group Sites: The Hindu | Business Line | The Sportstar | Frontline | The Hindu eBooks | The Hindu Images | Home |

Copyright © 2005, The Hindu Business Line. Republication or redissemination of the contents of this screen are expressly prohibited without the written consent of The Hindu Business Line