Hotline: 1800 102 2007
X
Loading
Search Business Opportunities
2011-05-30

Dumping Duty continues

The anti-dumping duty on the yarn, used for home-furnishing items, originating from China, was initially imposed in 2006 and is supposed to continue till 2012

The Government has decided to continue anti-dumping duty of up to USD 4.82 a kg on viscose filament yarn till February, 2012 in an attempt to protect domestic industry. The duty is recommended by the Commerce Ministry, while the Finance Ministry imposes it.

The anti-dumping duty on the yarn, used for home-furnishing items, originating from China, was initially imposed in 2006.

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.

Related opportunities
  • Conferred with Quality Council of India (QCI)-D.L. Shah National Quality..
    Locations looking for expansion New Delhi
    Establishment year 2013
    Franchising Launch Date 2015
    Investment size Rs. 2lac - 5lac
    Space required 1500 - 2000 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Central Delhi New Delhi
  • Meat & Chicken Shops
    About:Founded in 2016 by a self-professed, ardent meat lover, TenderCuts..
    Locations looking for expansion Tamil Nadu
    Establishment year 2015
    Franchising Launch Date 2017
    Investment size Rs. 20lac - 30lac
    Space required 1000 - 1200 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Chennai Tamil Nadu
  • Laundry & Dry Cleaning
    Dhobiwala™ is an offline and online laundry service provider in..
    Locations looking for expansion Karnataka
    Establishment year 2014
    Franchising Launch Date 2015
    Investment size Rs. 5lac - 10lac
    Space required 150 - 300 Sq.ft
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Bangalore Urban District Karnataka
  • Extra Curriculum Activities
    Gotoinc Planetarium (gotoplanetarium) is the oldest company in India which..
    Locations looking for expansion West Bengal
    Establishment year 1982
    Franchising Launch Date 2015
    Investment size Rs. 50 K - 2lac
    Space required -NA-
    Franchise Outlets -NA-
    Franchise Type Unit, Multiunit
    Headquater Kolkata West Bengal
Insta-Subscribe to
The Franchising World
Magazine
For hassle free instant subscription, just give your number and email id and our customer care agent will get in touch with you
OR Click here to Subscribe Online
Daily Updates
Submit your email address to receive the latest updates on news & host of opportunities