| Date: |
05-08-2010 |
| Subject: |
India Imposes Anti-dumping Duty on Viscose Staple Fiber from China and Indonesia |
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The Revenue Department has notified imposition of definitive anti-dumping duty on imported Viscose Staple Fibre (VSF) excluding bamboo fibre from China and Indonesia, following the recommendation of this levy by the Designated Authority in the Commerce Ministry in the third week of May.
VSF is a man-made, bio-degradable fibre with characteristics akin to cotton. As an extremely versatile and blendable fibre, VSF is widely used in apparels, home textiles, dress material, knitted wear and in non-woven applications too.
Accordingly, it is notified that imported VSF excluding bamboo fibre from the Indonesian firm PT South Pacific Viscose would attract a definitive anti-dumping duty of $0.103 a kg, while the other Indonesian firm PT Indo Bharat Rayon would have to shell out a definitive anti-dumping duty of $ 0.164 a kg. Any other manufacturer from Indonesia or sourcing exports through Indonesia would attract an anti-dumping duty of $0.512 a kg.
In the case of China, all exporters and also those manufacturers using China as an export base would have to pay a definitive anti-dumping duty on VSF excluding bamboo fire of $0.194 a kg.
China now exports fewer viscose staple fibers to India. In 2009, the exports to India just amount to 1.049kt, so the tax increase will not pose great impact on China VSF export market.
Source: Business Line
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