India today imposed anti-dumping duty of up to USD 527 (about Rs 26,500) per tonne on yarns and fabrics imported from China, Thailand and Vietnam to guard domestic industries against cheap imports. The anti-dumping duty will remain in force till September 25, 2009, a notification by the Central Board of Excise and Customs said.
The imposition of anti-dumping duty follows the recommendations of the Directorate General of Anti-Dumping & Allied Duties (DGAD), which said that domestic industry was suffering "material injury caused by dumped imports" from China, Thailand and Vietnam at below normal value, the notification said. The duty would be between USD 112.64 and USD 527.31 per ton.
An anti-dumping duty of up to Rs 205 per meter has also been imposed on flax fabric imported from China and Hong Kong. Earlier this week, India had imposed safeguard duty up to 35 per cent on some of the aluminum products to protect domestic industry against cheap imports from China.
Unlike anti-dumping duty, which varies from product to product and country to country, safeguard duties are levied in a uniform way.