Government has extended the anti-dumping duty on import of Mulberry Raw Silk for from the neighbouring country, China to protect domestic industry from cheap inbound shipments.
To this effect, the Department of Revenue in the Finance Ministry issued a separate notification, imposing an anti-dumping duty of USD 1.85 per kg on Mulberry Raw Silk from China.
In case of Mulberry Raw Silk, DGAD had stated that the material injury has been caused by the dumped imports of the subject goods” from China and “recommended imposition of definitive anti-dumping duty on imports” in order to “remove injury to the domestic industry.”
Anti-dumping measures are taken to ensure fair trade and provide a level playing field to domestic industry. It is not a measure to restrict imports or cause an unjustified increase in the cost of products.
Imports of the silk from China had increased considerably from 12.63 lakh kg in 2010-11 to 22.17 lakh kg during the period of the investigation (April 2013 to June 2014).
Researchers have created an innovative nanofibre patch that aims to simplify and improve the treatment of psoriasis, a common skin…
Clothing 2.0 has teamed up with The Marena Group LLC, a leader in medical-grade compression garments to transform the recovery…
Polartec has enhanced its Power Shield range, as it continues to replace petroleum-based materials with renewable alternatives while improving fabric…
Biomaterial company, Uncaged Innovations, has collaborated with ten independent fashion brands to launch Elevate, a new eco-friendly luxury leather alternative.
Rudolf introduced the Digital Pigment Printing Toolbox, a package of pre-treatment products to improve the quality and sustainability of pigment…
Aquafil Group, the innovator behind ECONYL regenerated nylon, has launched the ECONYL Bespoke Collection that mimic the aesthetics of natural…