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India imposes anti-dumping duty on nylon filament yarn from the EU & Vietnam for five years

 

Following recommendations by the Commerce Ministry’s investigation arm, the Directorate-General of Trade Remedies (DGTR), India has imposed anti-dumping duty of up to $719 per tonne for five years on import of nylon filament yarn from the European Union (EU) and Vietnam.

 

The duty ranges between $ 719.44 per tonne and $ 128.06 per tonne, for a period of five years (unless revoked, superseded or amended earlier) from October 6, 2018 and shall be paid in Indian currency, said a notification.

 

The Directorate found that the nylon filament yarn (multi-filament) has been exported to India from these two regions below normal values, thereby negatively impacting the domestic industry, reports said.

 

Source: Exim News Service: NEW DELHI, Oct. 10

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