Anti-dumping duty on PET resin imports from China continued after review found dumping, injury, and price undercutting.
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....Anti-dumping duty is imposed on bottle-grade polyethylene terephthalate resin having intrinsic viscosity of 0.72 decilitres per gram or higher, excluding recycled PET resin, after the review found positive and significant dumping and injury margins, increased imports despite existing duties, and price undercutting that was likely to continue causing injury. The duty applies to imports of the subject goods from China, including goods exported from any country into China-origin supply chains, and to goods originating in any country other than China but exported from China, at the specified rate per metric tonne in USD, payable in Indian currency. The duty is levied for five years from publication, unless revoked, superseded or amended earlier.....
TaxTMI