India widens scope of ADD on jute yarn, sacking bags
20/11/2019 12:00
India has expanded the scope of anti-dumping duty imposed on jute yarn and sacking bags by including more Bangladeshi firms to protect domestic players from cheap shipments from there.
A recent Central Board of Indirect Taxes and Customs notification said it has amended a January 2017 notification to include more companies under the ambit of anti-dumping duties.
The duties are in the range $97.19-$125.21 per tonne. Anti-dumping duty is imposed on specific companies of a country.
India’ Directorate General of Trade Remedies had initiated a probe in 2015 into imports of these products following complaint from domestic players.
West Bengal is the major player in the jute industry, employing 3.5-4 lakh people.
A recent Central Board of Indirect Taxes and Customs notification said it has amended a January 2017 notification to include more companies under the ambit of anti-dumping duties.
The duties are in the range $97.19-$125.21 per tonne. Anti-dumping duty is imposed on specific companies of a country.
India’ Directorate General of Trade Remedies had initiated a probe in 2015 into imports of these products following complaint from domestic players.
West Bengal is the major player in the jute industry, employing 3.5-4 lakh people.
Source: Fibre2Fashion News
Các tin khác
- Việt Nam's steel industry must optimise technology, save energy to promote export to EU (27/03/2024)
- Take advantage of shrimp export opportunities right from early year months (27/03/2024)
- Good signs for Vietnam's rice exports (27/03/2024)
- Việt Nam urges Brazil to remove barriers for seafood to this market (27/03/2024)
- Pepper exports decline in both volume and value in two-month period (27/03/2024)