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of <h1>India Imposes Five-Year Anti-Dumping Duty on PTA Imports from Korea and Thailand to Protect Domestic Industry.</h1> The Government of India, through the Ministry of Finance, has imposed a definitive anti-dumping duty on imports of Purified Terephthalic Acid (PTA) from Korea RP and Thailand following a sunset review by the Directorate General of Trade Remedies. The review concluded that continued dumping of PTA would harm the domestic industry, justifying the extension of anti-dumping duties to prevent injury. The duty rates vary based on the producer and exporter, with specific amounts detailed in a duty table. This measure is effective for five years from the notification date, payable in Indian currency, and subject to exchange rates specified by the government.
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