New Delhi: The commerce ministry’s investigation arm DGTR has initiated a probe to evaluate the necessity to proceed the anti-dumping obligation on flax yarn imported from China, following complaints from the domestic industry.
Grasim Industries Ltd and Sintex Industries have filed an utility earlier than the Directorate Common of Trade Treatments (DGTR) for initiation of the sundown evaluate of the anti-dumping obligation imposed on imports of ‘flax yarn of beneath 70 lea depend’ exported from China to India.
Lea is a unit for measuring the size of yarn. Usually it’s taken as 80 yards for wool, 120 yards for cotton and silk, and 300 yards for linen.
Flax yarn is used to make flax materials, which is utilized in apparel and residential textiles.
DGTR in a notification has stated prima facie there may be an proof of dumping of the product from China regardless of the present anti-dumping duties.
On the premise of the duly substantiated utility of the candidates and “having happy itself, on the premise of the prima facie proof submitted by the home business…the authority, hereby, initiates a sundown evaluate investigation,” the notification stated.
DGTR would evaluate the necessity to proceed the duties and study whether or not the expiry of present duties is more likely to result in continuation or recurrence of dumping and impression the home business.
The prevailing duties are set to run out on October 17, 2023.
The obligation is geared toward guaranteeing truthful commerce practices and making a level-playing area for home producers with regard to overseas producers and exporters.
