In its effort to safeguard the interest of its local pharmaceutical producers, China has imposed an anti-dumping duty of up to 37.7 per cent on Indian manufactured antibiotic sulfamethoxazole.
The anti-dumping duty tax rate has been increased from 10.7 per cent to 37.7 per cent and the tax would be in effect for five years.
AdvertisementSulfamethoxazole is a sulfonamide bacteriostatic antibiotic and also serves as an important material in producing other sulfonamides. It is commonly used to treat urinary tract infections.
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