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of <h1>India Imposes Provisional Anti-Dumping Duty on Ursodeoxycholic Acid from China and Korea for Six Months.</h1> The Ministry of Finance has imposed a provisional anti-dumping duty on Ursodeoxycholic Acid (UDCA) imported from China and Korea for six months, effective from August 18, 2022. This decision follows preliminary findings indicating that imports from these countries are priced below fair market value, causing material injury to the domestic industry. The duty is calculated based on the difference between the landed value and a specified reference price. The duty applies to imports from specified producers and is payable in Indian currency, with exchange rates determined by the Ministry of Finance as per the Customs Act, 1962.
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