Govt bans import of synthetic resin polymethyl methacrylate

The government has banned import of a synthetic resin, polymethyl methacrylate, with effect from September 1, according to a commerce ministry notification.
The product is a kind of a synthetic resin. It is used in products like shatterproof windows, and illuminated signs.
"Import policy of polymethyl methacrylate is revised from free to prohibited with effect from September 1 this year," the Directorate General of Foreign Trade (DGFT) has said in a notification.
DGFT is an arm of the commerce ministry which deals with export- and import-related policies.
Import of the product during April-June 2019 stood at Rs 8.43 lakh. It was Rs 45.74 lakh in 2018-19.
Disclaimer: No Business Standard Journalist was involved in creation of this content
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First Published: Aug 29 2019 | 8:50 PM IST
