Seeks to impose Anti-Dumping Duty on flax fabrics (having flax content of more than 50%) imported from China and Hong Kong for a period of 5 years - 35/2020 - Anti Dumping Duty
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Anti-dumping duty on flax fabrics imposed to counter dumped imports and protect domestic industry. Continuation of anti-dumping duty on woven flax fabric (>50% flax) from China PR and Hong Kong was imposed after a review found below normal pricing, price undercutting, and positive dumping and injury margins; specific per metre duty rates in US dollars were set, the duty is payable in Indian currency with exchange conversion tied to government notifications and bill of entry date, and the measure was made effective for five years subject to earlier revocation or supersession.
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Anti-dumping duty on flax fabrics imposed to counter dumped imports and protect domestic industry.
Continuation of anti-dumping duty on woven flax fabric (>50% flax) from China PR and Hong Kong was imposed after a review found below normal pricing, price undercutting, and positive dumping and injury margins; specific per metre duty rates in US dollars were set, the duty is payable in Indian currency with exchange conversion tied to government notifications and bill of entry date, and the measure was made effective for five years subject to earlier revocation or supersession.
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