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Imports of polyester filament yarn-DTY: NTC imposes anti-dumping duties

Business Recorder • • 1 min read

Imports of polyester filament yarn-DTY: NTC imposes anti-dumping duties

The National Tariff Commission has imposed definitive anti-dumping duties on polyester DTY yarn imported from China for five years, according to Business Recorder. The decision follows a fresh determination that the Anti-Dumping Appellate Tribunal ordered after it upheld the earlier decision on importers' challenges but sent exporters' appeals back to the Commission. The duties apply from November 15, 2024 until November 14, 2029 on goods under PCT codes 5402.3300 and 5402.6200.

Rates vary by exporter, from 3.07 percent for Xinfengming Group companies to 19.32 percent for Jiaxing Longyin Textile. Shenghong Group firms face 3.18 percent, Hengyi Group 4.50 percent and Tongkun Group 4.57 percent. Cooperating producers, including Zhejiang Jia Bao New Fiber Group, pay 4.69 percent, while all other Chinese exporters face 19.32 percent.

The NTC said the yarn is mainly an input for textile fabrics and hosiery. Imports used in goods made solely for export or in foreign grant-in-aid projects are excluded where customs exemption schemes apply under the Customs Act, 1969. The duties sit on top of other taxes, are collected like customs duty and are paid into the Commission's account at the Federal Treasury Office, Islamabad.

At a glance

  • NTC imposed five-year anti-dumping duties on Chinese polyester DTY imports, effective November 15, 2024.
  • Duty rates range from 3.07 percent to 19.32 percent depending on the exporter.
  • Imports for goods made solely for export are excluded where customs exemption schemes apply.
Sectors:Textile Spinning

Originally reported by Business Recorder

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