INDIA FATTY ALCOHOL DUTY PLANS SPARK ARGUMENTS BETWEEN PRODUCERS AND USERS
July 2nd, 2014
INDIA’s new government may impose a 20% anti-dumping duty on saturated fatty alcohols from Indonesia, Malaysia and Thailand – an important raw material for shampoos and cosmetics. Administrative proceedings that may spark the creation of this tariff started in this February, before the May general election, which brought the current BJP administration to power. New Delhi has notified the World Trade Organisation (WTO) about its safeguard investigation into the input - the bulk of Indian imports come from Indonesia, Malaysia and Thailand.And it seems the duty ...
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