Artificial staple fiber products from Vietnam are not subject to anti-dumping tax in the Indian market. According to aggregate data from Vietnam Customs, the total export turnover of artificial staple fibers under investigation of Vietnam Male is 9.7 million USD in 2019, an increase of 78% compared to 2018.
Today (May 6), the Trade Defense Department, the Ministry of Industry and Trade of Vietnam received information from the Indian Ministry of Finance about not imposing anti-dumping tax on some artificial staple fiber products. (viscose spun yarn) is imported from China, Indonesia and Vietnam.
India does not impose anti-dumping tax on Vietnamese man-made fibers. Photo: The Industry and Trade Newspaper.
Previously, on December 30, 2020, the Ministry of Industry and Trade of India issued a preliminary conclusion on the anti-dumping investigation on some artificial staple fiber products originating from China, Indonesia and Vietnam. Preliminary conclusion proposes to impose anti-dumping tax at 0.25- 0.8 USD / kg for investigated products and proposed tax rate for products from Vietnam is 0.41 USD / kg.
Products with HS code (5510.11.10; 5510.12.10; 5510.11.90; 5510.90.10 and 5510.90.90) are on the list of this investigation.
The unit proposing an anti-dumping investigation with artificial staple fiber products originating from China, Indonesia and Vietnam is the India Artificial Fiber Production Association. The period of dumping investigation is from April 1, 2019 to December 31, 2019, and the time for damage investigation is 2016-2019.
According to aggregated data from Vietnam Customs, Vietnam’s total export under investigation was $ 9.7 million in 2019, an increase of 78% compared to 2018.
Source: ndh.vn – Translated by fintel.vn