Anti-dumping duty on imports of potassium carbonate

19/07/2009 12:00 - 596 Views

NEW DELHI: The government has imposed anti- dumping duty on imports of potassium carbonate, used in soap making, to guard the domestic industry from cheap shipments from EU, China, Taiwan and Korea.

The duty imposed would be ranged between $17.18 per tonne and $123.58 per tonne, the finance ministry said in a notification. Potassium carbonate has been exported to India by the regions below the normal value of the chemical, it said.

The anti-dumping duty on potassium carbonate would be effective for a period of five years, it said. India has already imposed anti-dumping duty on several items such as yarn, fabrics, some of the stainless steel products and chemicals imported from Chi na.

Meanwhile, a WTO report recently said India topped the list of countries that have resorted to anti-dumping investigations between July and December 2008 to protect their domestic industries against cheap imports. – PTI

June 11, 2009

Source: www.thehindubusinessline.com