Anti-dumping Duty Imposed
on Nylon Multi Filament Yarn from EU ($128.06/MT) and Vietnam ($384.02 and
$719.44/MT) for Five Years
[Notification No.50/2018-Customs
(ADD) dated 5 October 2018]
Whereas,
in the matter of ‘Nylon Filament Yarn (Multi Filament)’ (hereinafter
referred to as the subject goods) falling under tariff heading 5402
of
the First Schedule to the Customs Tariff Act, 1975 (51 of 1975) (hereinafter
referred to as the Customs Tariff Act), originating in, or exported from
Vietnam and European Union (hereinafter referred to as subject countries),
and imported into India, the Designated Authority in its final findings,
published in the Gazette of India, Extraordinary, Part I, Section 1, vide notification No. 14/33/2016-DGAD
dated the 6th August, 2018, has come to the conclusion that –
(i) the subject goods have been exported from the
subject country to India below its normal value, resulting in dumping;
(ii) the domestic industry has suffered material
injury due to dumping of the product under consideration from the subject
country;
(iii)
the material injury has been caused by the dumped
imports of the subject goods from subject country;
and
has recommended imposition of definitive anti-dumping duty on imports of the
subject goods, originating in, or exported from the subject country and
imported into India, in order to remove injury to the domestic industry;
Now,
therefore, in exercise of the powers conferred by sub-sections (1) and (5) of
section 9A of the Customs Tariff Act, read with rules 18 and 20 of the Customs
Tariff (Identification, Assessment and Collection of Anti-dumping Duty on
Dumped Articles and for Determination of Injury) Rules, 1995, the Central
Government, after considering the aforesaid final findings of the designated
authority, hereby imposes on the subject goods, the description of which is
specified in column (3) of the Table below, falling under heading/sub
heading/tariff item of the First Schedule to the Customs Tariff Act as
specified in the corresponding entry in column (2), originating in the
countries as specified in the corresponding entry in column (4), and exported
from the countries as specified in the corresponding entry in column (5),
produced by the producers as specified in the corresponding entry in column
(6), exported by the exporters as specified in the corresponding entry in
column (7) and imported into India, an anti-dumping duty at the rate equal to
the amount as specified in the corresponding entry in column (8), in the unit
as specified in the corresponding entry in column (9) of the said Table,
namely:-
|
Table |
|||||||||
|
Sl.No. |
Sub- Heading |
Description of
Goods |
Country of
Origin |
Country of
Export |
Producer |
Exporter |
Amount |
Unit |
Currency |
|
(1) |
(2) |
(3) |
(4) |
(5) |
(6) |
(7) |
(8) |
(9) |
(10) |
|
1 |
5402 |
Nylon multi
filament Yarn* |
Vietnam |
Vietnam |
Formosa
Industries Corporation (FIC) |
1. Liang Haw
Technology Co., Ltd. (LIHA). 2. Bosca Enterprises
Limited (BOSCA), Hong Kong |
384.02 |
MT |
US$ |
|
2 |
5402 |
Nylon multi
filament Yarn* |
Vietnam |
Vietnam |
Hyosung Dong Nai Co. Ltd. |
Hyosung Dong Nai Co. Ltd. |
NIL |
MT |
US$ |
|
3 |
5402 |
Nylon multi
filament Yarn* |
Vietnam |
Vietnam |
Hyosung Dong Nai Co. Ltd. |
1. Hyosung
International (HK) Ltd.., Hong Kong 2. Ren Tong Industrial Ltd., Hong Kong |
NIL |
MT |
US$ |
|
4 |
5402 |
Nylon multi
filament Yarn* |
Vietnam |
Any country |
Any |
Any |
719.44 |
MT |
US$ |
|
5 |
5402 |
Nylon multi
filament Yarn* |
Any country
other than subject countries |
Vietnam |
Any |
Any |
719.44 |
MT |
US$ |
|
7 |
5402 |
Nylon multi
filament Yarn* |
European Union |
Any country |
Any |
Any |
128.06 |
MT |
US$ |
|
8 |
5402 |
Nylon multi
filament Yarn* |
Any country
other than subject countries |
European Union |
Any |
Any |
128.06 |
MT |
US$ |
*
Synthetic multi filament yarns of nylon or polyamides such as flat yarn-twisted
and/or untwisted, crimped yarn, fully drawn yarn(FDY), spin drawn yarn (SDY),
fully oriented yarn(FOY), high oriented yarn (HOY), partially oriented yarn
(POY), textured yarn-twisted and/or untwisted, and dyed yarn, single, double,
multiple, folded or cabled, classifiable within chapter 54 under customs
subheading No. 5402. The product includes all variants of Nylon Filament Yarn
or polyamide yarn such as flat/ textured/ twisted/ bright/ semi-dull/ full
dull(or variants thereof), grey/coloured/dyed (or
variants thereof), single, double, multiple, folded or cabled (or variants
thereof), whether or not sized, but excludes high tenacity yarn of nylon.
Specifically excluded from the scope of product under consideration are all
man-made filament yarns not having nylon or polyamides and mono filament yarn,
high tenacity yarn of nylon, BCF (Bulk Continuous Filament) Yarn, which
is a crimped nylon filament yarn which has high tenacity of approximately 4 centi newton decitex and high denierage (approx.. 650 to 1650 decitex)
and is normally used in carpet making.
2.
The anti-dumping duty imposed under this notification shall be effective for a
period of five years (unless revoked, superseded or amended earlier) from the 6th
day of October, 2018 and shall be paid in Indian currency.
Explanation.-
For
the purposes of this notification, rate of exchange applicable for the purpose
of calculation of such anti-dumping duty shall be the rate which is specified
in the notification of the Government of India, in the Ministry of Finance
(Department of Revenue), issued from time to time, in exercise of the powers
conferred by section 14 of the Customs Act, 1962 (52 of 1962), and the relevant
date for the determination of the rate of exchange shall be the date of
presentation of the bill of entry under section 46 of the said Customs Act.
[F. No. 354/326/2018
-TRU]