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The Taxation Bureau of the Ministry of Finance of India issued a customs order: Revocation of anti-dumping duties on imports of Chinese nylon cord fabric

 Last Update: 2022-02-03
 Source: Internet
 Author: User

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On December 14 , news came from the Pingmei Shenma Group International Trading Company that the Taxation Bureau of India’s Ministry of Finance has issued a customs order to officially revoke the anti-dumping duties imposed on nylon cord fabric products imported from China, which has been implemented for 15 years.

This is also the group since 2009 Nian 10 Yue nylon 66 sliced product antidumping victory, yet another success in the implementation of a separate anti-dumping aspects.

India is the world's second largest nylon 6 and nylon 66 cord fabric market after China , with an annual demand of 60,000 tons, about 50% of which are imported from China, Taiwan, Indonesia, and Thailand, of which nylon 66 cords are from China The cloth products are all exported by Pingmei Shenma International Trade Company.

In 15 years, India, China-related product dumping, damage to Indian companies on the grounds that China-related products were imposed 1100 Meiyuan / ton anti-dumping duties.

Nian 2019 11 Yue 21 days, Indian Commerce and Industry announced that, based on a joint application for the Indian domestic enterprises and associations submitted, will be originating in or imported from China nylon cord products for the first 3 anti-dumping review investigation.

The response team comprehensively analyzed, collected and submitted evidence to the Indian side in a timely manner.

"The success of the anti-dumping response work has significantly enhanced the competitiveness of Shenma brand nylon products in the Indian market and created good conditions for the next step to expand exports to India.
At the same time, it also strengthened our active participation in the maintenance of anti-dumping response work.
The determination and confidence in the rights and interests of the enterprise.
" said the person in charge of Pingmei Shenma International Trade Company.

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