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ISA
to seek dumping duty withdrawal on acrylic fibre
E-Tex
Staff - Mumbai
The
Indian Spinners Association (ISA), the apex body of the spinners
of blended yarn in the country has made a fresh appeal recently
to the Designated Authority (DA) in the ministry of commerce to
immediately withdraw the anti-dumping duty on acrylic fibre in view
of its adverse impact on the working of spinning industry and also
on consumers.
The
DA has convened a special meeting in New Delhi with the ISA representatives
to discuss its stand in this regard. The ISA sources said that under
the provisional findings, the centre has imposed anti dumping duty
on imports from UK, Germany, Bulgaria and Brazil. The anti-dumping
duty is equal to the difference between the landed cost of consignment
and $0.684 per kg in the case of UK, between the landed cost of
$0.143 per kg in the case of Germany and the corresponding figures
in the case of Bulgaria and Brazil are $0.619 per kg and $1.275
per kg respectively.
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