I Met 115.74% Anti-Dumping Duty On Silk Export.

Since October, the India customs has initiated a preliminary investigation into the anti-dumping investigation of the silks produced in China (weighing 20 grams to 100 grams per metre). The result is that the Chinese products are taxed and the corporate tax rates vary from 57.42% to 115.74%.

China's textile import and Export Chamber of Commerce said that the lowest price in India was 30%-40% higher than the average export price in China, which had a great impact on our export enterprises.

In April 27, 2006, the anti dumping investigation authorities in India were not awarded the market economy treatment. The dumping margin of 5 sampling enterprises was between 57.42% and 115.74%. The weighted average tax rate of 27 respondent enterprises was 19 days 107.91%.5 months. The Indian side also revised the preliminary results, so that the tax rate of the non respondent enterprises was consistent with the highest tax rate of the respondent enterprises.

At present, China is the largest silk producer and exporter in the world. More than 70% of its silk is used for export. Although India is the second largest silk producer in the world, its output accounts for about 17% of the world's total output, but it is the largest importer of silk.

It is understood that the anti-dumping investigation has been opposed by India importers, and some India importers have jointly filed a defense and submitted a report to the India anti-dumping investigation agency, which shows that anti-dumping has a serious impact on domestic consumption and processing export.

According to the chamber of Commerce, India's anti-dumping laws are not perfect and abused the anti dumping regulations of WTO. They did not go to the Chinese enterprises to carry out field verification, and it was unfair to make a preliminary decision lightly.

At present, China will strive to raise the price acceptable to both China and India in the form of price commitments, so that most Chinese silk and satin enterprises will continue to export in the future.

In May 18th, 05 years ago, the India authorities filed an anti-dumping investigation of 20-100 grams of silk and silk in China. The investigation period was from April 1, 2003 to September 30, 2004.

The amount involved is as high as 181 million dollars, involving 102 enterprises.

This case is the largest anti-dumping case encountered by China's silk export so far. It is also the largest anti-dumping investigation carried out by developing countries in China in recent years.