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<h1>India Imposes 5-Year Anti-Dumping Duty on Phenol Imports from Chinese Taipei and USA to Protect Domestic Industry.</h1> The Government of India has imposed a definitive anti-dumping duty on imports of phenol from Chinese Taipei and the USA for five years, effective from May 16, 2014. This action follows findings that these imports were priced below normal value, causing material injury to the domestic industry. The duty rates vary based on the country of origin and export, producer, and exporter. The duty is payable in Indian currency, with the exchange rate determined by notifications from the Ministry of Finance. This measure aims to protect the domestic industry from unfair trade practices.