On February 11, our office received a letter from the Bureau of Safeguard Measures of the Ministry of Finance of India. The Bureau launched a special safeguard measure investigation on China’s Nylon Tire Cord Fabric (NTCF) on February 6 and requested interested parties to Submit answers or comments before March 9. This is the third special safeguard investigation launched by India against China since 2009.
The applicants under investigation are SRF Ltd. in Haryana and Century Enka Ltd. in Mumbai. It is said that the combined output of the two companies accounts for more than 95% of the total output of the products involved in the case in India. The Indian customs codes of the products involved are 59021000 and 59021090. According to statistics from the Ministry of Commerce and Industry of India, in the fiscal year 2007/08 (April 2007-March 2008), India imported US$59.08 million of the products involved in the case from China.
In view of the fact that India is currently levying anti-dumping duties on the products involved in the case from China and initiated a sunset review on September 16, 2008, the Bureau of Safeguard Measures of the Indian Ministry of Finance specifically stated in the announcement that the law does not prohibit the imposition of anti-dumping duties at the same time. Imposition of safeguard duties.
