The Government has decided to continue anti-dumping duty of up to $4.82 a kg on viscose filament yarn till February, 2012 to protect the domestic industry.
The anti-dumping duty on the yarn, used for home-furnishing items, originating from China, was initially imposed in 2006.
“This notification shall remain in force up to and inclusive of the February 24, 2012, unless the notification is revoked earlier,” the Department of Revenue said in a notification.
The yarn is used in linings of clothes, quilt-cover, cotton spinning, knitting and weaving, silk satin and thread-making.
The decision comes following a review carried out by the Government on continuation of the duty on the product. The Commerce Ministry has recommended continuation of the anti-dumping duty.
Anti-dumping duty on the product was originally imposed after it was found that goods have been exported to India from China below its normal value. It was found that the domestic industry has suffered material injury.
Investigations had also been conducted on imports of the yarn from Ukraine, but it was found that the quantity coming from the East European country was negligible.
The duty is recommended by the Commerce Ministry, while the Finance Ministry imposes it.