India to investigate bid to evade ADD on Chinese polyester yarn imports


India has initiated an anti-circumvention investigation regarding the alleged circumvention of the anti-dumping duty imposed on imports of High Tenacity Polyester Yarn (HTPY or IDY) originating in or exported from China. Reliance Industries had complained of circumvention and requested the extension of the existing anti-dumping duty (ADD) imposed on HTPY in 2018.

The General Manager of Trade Remedies, in a notice issued on July 27, 2022, said that imported high tenacity polyester yarns (adhesive activated and others) of less than 1000 denier and more than 840 denier, high tenacity of 6000 to 7000 denier imported from China, polyester yarn (adhesive activated and others) and adhesive activated high tenacity polyester yarn ranging from 1,000 to 1,300 denier were subject to anti-dumping investigation.

India has initiated an anti-circumvention investigation regarding the alleged circumvention of the anti-dumping duty imposed on imports of High Tenacity Polyester Yarn (HTPY or IDY) originating in or exported from China. Reliance Industries had complained of circumvention and requested the extension of the existing anti-dumping duty (ADD) imposed on HTPY in 2018.

India had previously imposed an anti-dumping duty on July 9, 2018 on HTPY originating in or exported from China, which is applicable until July 8, 2023. This yarn (HS code 54022090 of Chapter 54) is used for cable fabric of tire, safety belt, geo grid, geo sling, simple cord, coated fabric, conveyor belt, etc.

Reliance sought to expand the scope of the existing ADD and include the products under investigation. The company said cheaper imports from China are hurting domestic industries. It is alleged that the anti-dumping duties imposed on the goods are circumvented by changes in description, name or composition. Chinese suppliers evaded the ADD by changing the product name or composition. The import of processed products into the country only increased sharply after the imposition of the duty in 2018.

Fibre2Fashion (KUL) News Desk

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