Anti Dumping Duty on Viscose Filament Yarn Extended - Well in time!
DDT presents a bouquet of the sweetest roses to the CBEC - for once, they have extended an anti dumping duty before its expiry. Anti Dumping Duty on Viscose Filament Yarn originating in, or exported from, the Peoples' Republic of China, was imposed vide Notification No. 45/2006-Customs, dated the 24th May, 2006 and would have expired on 23rd May 2011.
Now the Government has extended this till 24th February, 2012.
DDT had been repeatedly requesting the Board to ensure that notifications are not resurrected and any extension should be done before the expiry, to avoid misery for the importers and inconvenience for the departmental officers.
Let us hope the Board will continue with this eminently desirable tradition.
Notification No. , Dated : May 9, 2011