Anti-dumping duty: Chinese paracetamol gets a headache

India has imposed anti-dumping duty of $787 per tonne on import of paracetamol, a widely used medicine, from China for five years to protect interest of domestic players from the cheap shipments.

“The anti-dumping duty imposed (on paracetamol) under this notification shall be effective for a period of five years...,” said the Central Board of Excise and Customs (CBEC) in the Revenue Department.

The duty will be at $787 per tonne, it said.

The duty has been slapped on recommendation of the Directorate General of Anti-dumping Duty, which carried out a review of the impact of the levy on its import from China.