Anti-dumping duty imposed on imports of flax yarn of below 70 lea count originating in or exported from China

The Ministry of Finance has imposed Anti-dumping duty on imports of flax yarn of below 70 lea count originating in or exported from China PR via issuing Notification.

The Notification stated:

Whereas, the designated authority, vide notification No. 7/03/2023-DGTR, dated the 31st March, 2023, published in the Gazette of India, Extraordinary, Part I, Section 1, dated the 31st March, 2023, had initiated the review in terms of sub-section (5) of section 9A of the Customs Tariff Act, 1975 (51 of 1975) (hereinafter referred to as the Customs Tariff Act), read with rule 23 of the Customs Tariff (Identification, Assessment and Collection of Anti-dumping Duty on Dumped Articles and for Determination of Injury) Rules, 1995, in the matter of continuation of anti-dumping duty on imports of “flax yarn of below 70 lea count” (hereinafter referred to as the subject goods) falling under Tariff Sub-headings 5306 10 or 5306 20 of the First Schedule to the Customs Tariff Act, originating in or exported from China PR (hereinafter referred to as the subject country) initially imposed, vide notification of the Government of India, Ministry of Finance (Department of Revenue), No. 53/2018-Customs (ADD), dated the 18thOctober, 2018, published in the Gazette of India, Extraordinary, Part II, Section 3, Sub-section (i), vide number G.S.R. 1044(E), dated the 18th October, 2018.

And whereas, in the matter of review of anti-dumping duty on imports of the subject goods, originating in or exported from the subject countries, the designated authority in its final findings, published, vide notification No. 7/03/2023-DGTR, dated the 16th July, 2023, published in the Gazette of India, Extraordinary, Part-I, Section 1, dated the 17th July, 2023, has come to the conclusion that,-

(i) there is likelihood of continuation or recurrence of dumping and injury in case the anti-dumping duty in force is allowed to cease at this stage;

(ii) the likelihood analysis shows that significant exports of the subject goods from the subject country to third countries other than India are at dumped and injurious prices;

(iii) there is significant price attractiveness to make exports to India as price to third countries are below the price to India;

and has recommended continued imposition of the anti-dumping duty on imports of the subject goods, originating in or exported from the subject country, in order to remove injury to the domestic industry.

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