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Friday, Feb 08, 2002

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Dumping duty on paracetamol recommended

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THE designated authority in the Commerce Ministry has recommended imposition of definitive anti-dumping duty on all imports of paracetamol originating in or exported from China and Taiwan.

Paracetamol is a bulk pharmaceutical active ingredient, displaying analgesic and anti-pyretic properties and used in a number of Rx and OTC drug formulation in the form of powders, granules, injectibles and tablets.

In its final findings, the authority held that the domestic industry has suffered injury caused by imports from the subject countries.

Accordingly, it recommended anti-dumping duty, which should be the difference between $3.33 per kg and the landed value of imports in the case of both China and Taiwan.

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