New Delhi, Apr 20 (PTI) India has imposed anti-dumping duty of up to USD 94.96 per tonne on imports of a chemical used in manufacture of alcohol and rubber, from Japan and Thailand to protect domestic players.

The restrictive duty on import of glass fibre would be imposed for a period of five years, the Department of Revenue said.

The duty would range between USD 94.96 per tonne to 85.85 per tonne on the imports of acetone from these two countries, it said.

"The anti-dumping duty imposed shall be levied for a period of five years...from the date of imposition of the provisional duty, that is, the 9th April, 2010," the department said.

The Directorate General of Anti-Dumping and Allied Duties (DGAD), a nodal agency under the Commerce Ministry, had recommended the imposition of the duty after an investigation.

April 20^th, 2011

Source: ptinews.com

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