Govt extends anti-dumping duty on import of mulberry raw silk

Government has extended the anti-dumping duty on import of Mulberry Raw Silk for from the neighbouring country, China to protect domestic industry from cheap inbound shipments.

To this effect, the Department of Revenue in the Finance Ministry issued a separate notification, imposing an anti-dumping duty of USD 1.85 per kg on Mulberry Raw Silk from China.

In case of Mulberry Raw Silk, DGAD had stated that the material injury has been caused by the dumped imports of the subject goods” from China and “recommended imposition of definitive anti-dumping duty on imports” in order to “remove injury to the domestic industry.”

Anti-dumping measures are taken to ensure fair trade and provide a level playing field to domestic industry. It is not a measure to restrict imports or cause an unjustified increase in the cost of products.

Imports of the silk from China had increased considerably from 12.63 lakh kg in 2010-11 to 22.17 lakh kg during the period of the investigation (April 2013 to June 2014).