On May 18, 2022, the Ministry of Commerce and Industry of India issued an announcement stating that it had received the office memorandum issued by the Ministry of Finance on the same day and that the Ministry of Finance did not accept its decision on February 1, 2022. The final recommendation on elastic yarn (Elastomeric Filament Yarn) originating in or imported from China, South Korea, Vietnam, and Taiwan, China, is to terminate the current anti-dumping measures against the above-mentioned countries and regions.
On January 27, 2016, the Ministry of Commerce and Industry of India issued an announcement to launch restrictions on elastic yarns originating in or imported from China, South Korea, Vietnam, and Taiwan, China. Anti-dumping investigation. On May 3, 2017, the Ministry of Finance of India issued Notification No. 15/2017-Customs (ADD), which levied US$0.48-3.34/kg and US$0-1.90/kg on products involved in China, South Korea, Vietnam, and Taiwan, respectively. Anti-dumping duties of US$0.36-2.16/kg and US$2.40/kg are valid until May 2, 2022. On June 30, 2021, the Ministry of Commerce and Industry of India issued an announcement stating that in response to an application submitted by the Indian company Indorama India Private Limited, it would initiate the first anti-dumping on elastic yarn originating in or imported from China, South Korea, Vietnam, and Taiwan, China. Sunset review investigation. On February 1, 2022, the Ministry of Commerce and Industry of India made an affirmative final ruling on the case, recommending that the products involved in the above-mentioned countries and regions continue to be levied with anti-dumping duties for a period of 5 years, which are US$3.34/kg in China and US$0-1.90 in South Korea. /kg, Vietnam US$0.36-2.16/kg, Taiwan, China US$2.40/kg. It involves products under the Indian Customs Code 5404 (the customs code is only used as a general reference, and the specific English description of the product involved shall prevail). The products involved are elastic filament yarns with a denier of less than or equal to 150. Colored yarns and beam elastic yarns are excluded.
Original text: https://www.dgtr.gov.in/sites/default/files/TRU%20OM%20EFY%20FF%20reg%20dated%2018- 05-22.pdf
