Date: |
07-12-2011 |
Subject: |
India Extends Anti-Dumping Tariffs for Nylon |
India extended the imposition of antidumping duties against the products of nylon filament yarn from Indonesia to them because of administrative problems. Ministry of Commerce released the antidumping duty (BMAD) was for USS0.46 per kg to U.S. $ 1.1 per kg. Besides Indonesia, other countries are also affected by BMAD of India on these products are China, Taiwan, Malaysia, and Thailand.
The product was first imposed in 2006 BMAD, and now extended to 2016. Since the imposed rules, the export volume of nylon filament yarn from Indonesia to India has decreased drastically.
The investigation regarding the continuation of textile products iiudimulai BMAD on August 27, 2010 base request of the Association of Synthetic Fibre Industry, India. The investigation was announced by the Directorate General of Anti-Dumping Allied Duties (DGAD) India on November 9, 2011.
The new investigation results document acceptable Embassy of the Republic of Indonesia (Embassy) New Delhi on 15 November 2011. so that the government rate is not enough time to respond. "The Government of Indonesia since the early initiation of the company's continued support for cooperative and ask DGAD to grant an extension of time," wrote the Ministry of Trade in a press release yesterday.
Ministry of Trade opportunities exporters from Indonesia who objected to the extension decision to bring a legal imposition of BMAD by filing an objection to that decision. The institution that could accommodate such objection is Customs Excise and Service Tax Tribunal Apellate. India is a market eksporurutan 11 for Iilamen nylon yarn products from Indonesia.
The period January-August 2011 total exports to India reached 4.5 million tons. As for the last year of 9.5 million tons.
Source : yarnsandfibers.com
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