India: Definitive anti-dumping duty imposed on PVC flex films from China
05/09/2011 12:00
The Finance Ministry has imposed definitive anti-dumping duty on imports of PVC flex films from China. This levy would be valid for a period of five years from the date of imposition of provisional duty, which is July 30, 2010.
PVC flex films are also known as PVC flex banners and PVC flex sheets in commercial parlance. They are mainly used in advertising signage, billboards, PVC films and tarpaulins and PVC flex sheets in rolls.
PVC Rigid film, cotton/canvas tarpaulins, PVC film, self-adhesive vinyl, one way vision film, coloured vinyl and mesh banner/fabric are not covered under the scope of the levy.
Based on the recommendation of the Designated Authority in the Commerce Ministry in its final findings, the revenue department has imposed definitive anti-dumping duty of $ 0.034 per kg on PVC flex film produced and exported by Heytex Technical Textiles (Zhangjiagang Co Ltd), China.
For another manufacturer-exporter, Zhejiang Yuli Plastic Co Ltd, the revenue department has pegged the anti-dumping duty at $ 0.441 per kg. A definitive anti-dumping duty of $ 0.538 per kilogram has been imposed on all other manufacturer/exporters of PVC flex film from China.
New Delhi, Aug 31, 2011
Source: thehindubusinessline.com
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