India Slaps Duties On Coolant From China, Japan

Law360, New York (July 19, 2011, 5:19 PM EDT) -- India on Tuesday reportedly imposed new anti-dumping duties of up to $1.41 per kilogram on imports of a common refrigerant from China and Japan.

Indian newspaper the Economic Times reported that the country's Department of Revenue, a part of the Finance Ministry, had announced duties on the gas, known as 1,1,1,2-Tetrafluoroethane or R-134a.

According to the paper, the duties will range from 69 cents to $1.41 per kilogram and will remain in place for five years unless revoked earlier.

R-134a is primarily used in home refrigerators...
To view the full article, register now.

UK Financial Services

UK Financial Services

Read Our Latest UK Financial Services Coverage

Financial Services Law360 UK provides breaking news and analysis on the financial sector. Coverage includes UK and European Union policy, enforcement, and litigation involving banks, asset management firms, and other financial services organizations.