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of <h1>Anti-dumping duty imposed on PTBP imports from Korea, Singapore, USA for 5 years to protect domestic industry.</h1> The Ministry of Finance, Department of Revenue, has imposed an anti-dumping duty on Para-Tertiary Butyl Phenol (PTBP) imported from Korea RP, Singapore, and the USA for five years. This follows the final findings by the Designated Authority, which concluded that PTBP was being dumped into India at prices below normal value, harming the domestic industry. The duty rates vary based on the country of origin and the producer, with specific amounts set in USD per metric ton. The duty is aimed at protecting the domestic industry and will be payable in Indian currency, with exchange rates determined by the Customs Act.
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