The period for the present investigation is April 2024 to March 2025 and the injury investigation period will cover April 2021-March 2022, April 2022-March 2023 and April 2023-March 2024.
The complainants have claimed that there has been a decline in the export price of these goods and exports are being made by producers beyond their installed capacity, indicating routing of goods produced by other producers.
The scope of products under consideration includes jute yarn/twine, hessian fabric, sacking bag and sacking cloth.
"On the basis of the duly substantiated application by the domestic producers of like article in India, and having satisfied itself, on the basis of prima facie evidence substantiating the need for a mid-term review... the authority, hereby, initiates mid-term review of the anti-dumping duties imposed on imports," the June 30 notification said.
India had imposed ADD on jute in January 2017. Subsequently, an anti-circumvention investigation was initiated in March 2018 on imports of jute sacking cloth from Bangladesh. The finance ministry extended the duty on sacking bags in June 2019.
The DGTR undertook a sunset review investigation and recommended extension of ADD on imports of jute products from Bangladesh and Nepal in September 2021. The ministry of finance extended that on December 30, 2022.
India on June 27 this year banned imports of certain jute products and woven fabrics from Bangladesh through land routes. However, it is allowed through Nhava Sheva seaport in Maharashtra.
ALCHEMPro News Desk (DS)
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