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of <h1>India Imposes 5-Year Anti-Dumping Duty on Carbon Black from China and Russia to Protect Local Industry.</h1> The Ministry of Finance has imposed a definitive anti-dumping duty on 'Carbon Black used in rubber applications' imported from China and Russia for five years. This decision follows a review that confirmed continued dumping of these goods from China and Russia, with potential intensification if duties were removed. The duty applies to specific producers and exporters, with varying rates per metric tonne in US dollars. The duty excludes certain grades of Carbon Black and will be effective until December 31, 2020, unless amended earlier. The applicable exchange rate for duty calculation is determined by the Customs Act, 1962.
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