Probe into bid to evade obligation on China polyester yarn imports

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India has initiated a probe into the alleged circumvention of anti-dumping obligation imposed on excessive tenacity polyester yarn (HTPY) originating from China, based mostly on an software filed by .

“The authority hereby initiates an anti-circumvention investigation…to contemplate extension of current anti-dumping obligation on imports,” the Directorate Basic of Commerce Cures (DGTR) mentioned in a notification.

It mentioned the appliance for initiating the probe has been filed by

(), a significant producer of HTPY in India. The appliance is supported by Wellknown Polyesters Ltd, DGTR mentioned.

HTPY is used for the manufacture of tyre twine material, seat belt webbing, ropes, single twine, coated material, conveyer belt material, rubberised hose and fireplace hose.

The finance ministry had imposed the anti-dumping obligation on the product imported from China on July 9, 2018, and it’s in pressure until July 8, 2023. The interval of investigation is 2021-22.

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