Anti Dumping Duty on Yarn
The Central Government had imposed a provisional anti-dumping duty at the rate of US$ 107 per MT on fully drawn yarn or fully printed yarn or fully oriented yarn or spin drawn yarn or flat yarn of polyester and other yarns produced and exported by M/s H.K. Corporation, Republic of Korea and imported into India vide notification No.69/2008-CUSTOMS, dated the 15th May, 2008.
Now, the Central Government has amended Notification No. 15/2007-CUSTOMS, dated the 20th February, 2007, to include
“3. The anti-dumping duty imposed under this notification on imports of fully drawn yarn or fully printed yarn or fully oriented yarn or spin drawn yarn or flat yarn of polyester and other yarns falling under Chapter 52 of the First Schedule to the said Customs Tariff Act, produced and exported by M/s H.K. Corporation, Republic of Korea and imported into India, shall be levied with effect from the 15th November, 2007”.
Consequently Notification No. 69/2008-CUSTOMS, dated the 15th May, 2008 is rescinded.
Notification NO. and Dated: October 22, 2008