The Finance Ministry has extended by one year the validity of anti-dumping duty imposed on ‘flexible slabstock polyol’ (FSP) imports from China, South Korea and Chinese Taipei.

FSP is a polyether and on reaction with catalysts and additives yields polyurethane foam used in upholstery, mattresses, pillows, bolsters, transport seating and packaging.

Anti-dumping on FSP imports from China, South Korea and Chinese Taipei will be valid until August 30, 2015, the revenue department said in an order issued on Thursday.

The latest revenue department move follows the Designated Authority in the Commerce Ministry recommending extension of anti-dumping duty for a further period of one year.

The Designated Authority had in end-August initiated a second sunset review of FSP imports from China, South Korea and Chinese Taipei.

Manali Petrochemicals, the sole producer of FSP in India, had filed the petition seeking sunset review of anti-dumping duty on FSP imports from these countries.

>srivats.kr@thehindu.co.in

comment COMMENT NOW