Business

India slaps anti-dumping duty on Chinese paracetamol

PTI

India has imposed anti-dumping duty of $787 per tonne on import of Paracetamol, a widely used medicine, from China for five years to protect interest of domestic players from the cheap shipments.

“The anti-dumping duty imposed (on Paracetamol) under this notification shall be effective for a period of five years...,” said the Central Board of Excise and Customs (CBEC) in the Revenue Department.