India imposes anti-dumping duty on PTA imports from five countries

According to media reports, India has imposed anti-dumping duties on imports of PTA from five countries, including China, Iran, Indonesia, Malaysia and Taiwan. MCC PTA India Corp and Reliance Industries had jointly filed an application seeking an anti-dumping investigation.

In order to protect domestic manufacturers, PTA imports from these five countries will be subject to anti-dumping duties in the range of $83.08-$168.76 per ton. According to a notification of the Central Board of Excise and Customs (CBEC), these origins will be subject to anti-dumping duties for five years.

In December last year, the country’s Revenue Department had imposed provisional anti-dumping duties on these imports.