Anti dumping duty imposed on imports of elastomeric filament yarn

Elastomeric Filament Yarn, such filament yarns are commonly referred to as Spandex or Elastanc. Based on the recommendations of the Designated Authority in the commerce ministry, a definitive anti dumping duty has been imposed on it against imports from China, South Korea, Taiwan and Vietnam.

The petition to levy anti-dumping duty on ‘Elastomeric Filament Yarn’ from these four countries was filed by Indorama Industry Ltd.

The revenue department has imposed anti-dumping duty that ranged from ‘Nil’ rate to $ 3.34 per kilogram depending on the producer and the country of export.

Elastomeric Filament Yarns find applications in manufacturing of hosiery, swimsuits, aerobic or exercise wear, golf jackets, disposable diaper and waist bands among other garments.

The anti-dumping duty imposed under this notification shall be effective for a period of five years (unless revoked, superseded or amended earlier) from the date of publication of this notification in the Official Gazette and shall be paid in Indian currency.

Recent Posts

University of Copenhagen develops nanofibre patch for psoriasis treatment

Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…

13 hours ago

Clothing 2.0, The Marena Group to revolutionize medical garments

Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…

13 hours ago

Polartec expands eco-friendly weather protection fabrics

Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…

13 hours ago

Uncaged Innovations partners to launch leather alternative

Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.

2 days ago

Rudolf enhances digital pigment printing

Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…

2 days ago

Aquafil Group unveils sustainable yarns

Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…

2 days ago