China, Korea, and Thailand for five years to guard domestic players from cheap imports from these nations. The duty was imposed as the chemical — Epichlorohydrin — was exported to India from these countries at below-normal prices.
«The anti-dumping duty imposed under this notification shall be levied for a period of five years (unless revoked, superseded or amended earlier)...,» the department of revenue said in a notification.
The levy is imposed following recommendations for the same by the commerce ministry's investigation arm Directorate General of Trade Remedies (DGTR).
Anti-dumping probes are conducted by countries to determine whether domestic industries have been hurt because of a surge in cheap imports.
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