impose anti-dumping duty on viscose spun yarn
The Directorate General of Trade Remedies (DGTR) under
India's ministry of commerce & industry has recommended
imposition of anti-dumping duty on import of viscose spun
yarn. In its investigation, the DGTR has found that the
domestic industry has suffered material injury caused by
dumped imports of viscose spun yarn from China Indonesia and
"The product under consideration is viscose spun yarn
containing 85 per cent or more by weight of artificial
viscose staple fibre, other than sewing thread, not put up
for retail sale," the DGTR said in its final findings.
Viscose spun yarn under tariff headings 55101110, 55101210,
55101190, 55101290, 55109010, and 55109090 originating in or
exported from China, Indonesia and Vietnam will attract duty
ranging from $0.25 per kg to $0.80 per kg for five years
from the date of Notification to be issued by the Central
Government, the DGTR said in its final findings.
Reacting to the development, Palladam Textile Association &
Erode Viscose Fabrics Manufacturers Association
spokesperson, said, "In recent months the demand for viscose
fabric has seen sharp increase due to growing usage in
womenswear like kurtis. The production of viscose-cotton
blended yarn is currently limited to a few spinning mills in
and around Erode. These spinning mills are able to meet only
50 per cent of the domestic demand, which has resulted in
rise in imports.
"Viscose spun yarn prices which were around ₹145 per kg,
have today increased to ₹220 per kg due to the announcement
made by the government. Now it is not the right time to
impose anti-dumping duty on viscose spun yarn."
In a representation to the Central government, the
associations have said that the imposition of duty will lead
to closure of over six lakh units resulting in job loss to
over 15 lakh workers.