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of <h1>Finance Bill 2020: Strengthens Anti-Dumping Rules, Adds Anti-Circumvention Measures, Revokes Duties on Purified Terephthalic Acid Imports.</h1> The Finance Bill 2020 introduces changes to strengthen anti-dumping and countervailing duty rules. These amendments aim to enhance anti-circumvention measures, aligning with international standards, and provide clarity within the rules. The Countervailing Duty Rules now include provisions for investigating circumvention cases, allowing for the imposition of duties on subsidized imports harming domestic industries. Additionally, the government has revoked anti-dumping duties on Purified Terephthalic Acid imports from South Korea, Thailand, China, Iran, Indonesia, Malaysia, and Taiwan, as previously imposed by specific customs notifications.
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