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“The appliance has been filed by
Restricted. The applicant is a serious producer in India,” the Directorate Basic of Commerce Cures (DGTR) stated in a notification, including that the appliance is supported by Wellknown Polyesters Restricted.
HTPY is used for the manufacture of tyre twine material, seat belt webbing, ropes, single twine, coated material, conveyer belt material, rubberized hose and hearth hose.
The finance ministry had imposed the anti-dumping obligation on the product imported from China on July 9, 2018 and it’s in power until July 8, 2023.
As per the notification, the anti-dumping obligation levied on the product is being circumvented by Chinese language producers by exporting it after altering the outline, identify or composition of the topic items. It additionally cited the imports of product have elevated solely after the imposition of anti-dumping obligation because the grounds for alleged circumvention.
“The authority hereby initiates an anti-circumvention investigation…to contemplate extension of current anti-dumping obligation on imports,” DGTR stated.
The interval of investigation is 2021-22.