NEW DELHI (Sept. 2, 1:10 p.m. ET) — India's Finance Ministry has placed a definitive anti-dumping duty on certain PVC films imported from China.
The revenue department placed a duty of $ 0.034 per kilogram on PVC flex film produced and exported by Heytex Technical Textiles (Zhangjiagang Co. Ltd.), China. It also placed a duty of $0.441 per kg. on film from Zhejiang Yuli Plastic Co. Ltd.
The levy, which took effect July 30, will be valid for five years.
Directorate General of Anti-Dumping Duties, a Commerce Ministry agency, concluded that Indian manufacturers had suffered a material injury on account of dumping of the product by Chinese suppliers.
PVC film sheet impacted by the duties are used in advertising signage, billboards, tarpaulins and other applications.
Some products including PVC rigid film, cotton/canvas tarpaulins, self-adhesive vinyl, one way vision film, and mesh banner/fabric are not covered.