The government has decided to continue anti-dumping duty of up to USD 4.82 per kg on Viscose Filament Yarn till February, 2012 to protect the domestic industry.

The anti-dumping duty on viscose filament yarn, used for home furnishing items, originating from China, was initially imposed in 2006.

"This notification shall remain in force up to and inclusive of the February 24, 2012, unless the notification is revoked earlier," the Department of Revenue said in a notification.

Viscose filament yarn is used in linings of clothes, quilt-cover, cotton spinning, knitting and weaving, silk satin and thread making.

The decision comes following a review carried out by the government on the issue of continuation of the duty on the product. The Commerce ministry has recommended continuation of the anti-dumping duty.

May 29^th, 2011

Source: ptinews.com

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