On August 18th, 2021, the Ministry of Industry and Trade issued
the Decision No. 1975/QD-BCT on the application of official anti-dumping tax on
some H-shaped steel products originating from Malaysia (“Decision No.
1975/QD-BCT”). Accordingly, the anti-dumping measures against a number of
H-shaped steel products originating from Malaysia continue to be maintained
under Decision No. 1162/QD-BCT dated April 02nd, 2021 of the Minister of
Industry and Trade.
Anti-dumping Law Firm in Vietnam
The Ministry of Industry and Trade started investigating the case
on August 24th, 2020, the investigation process was carried
out in accordance with the laws. On the basis of information collected from
related parties, the Ministry of Industry and Trade has carefully considered
and assessed the level of dumping of H-shaped steel products imported from
Malaysia, the damages to the domestic industry as well as to assess the
socio-economic impacts, including impacts on downstream industries and
consumers.
According to DecisionNo. 1975/QD-BCT, the
anti-dumping tax rate for some H-shaped steel products originating from
Malaysia, holding HS codes: 7216.33.11, 7216.33.19, 7216.33.90,
7228.70.10 and 7228.70.90 is 10.64%. This tax rate is lower than the tax rate
applied to H-shaped steel imported from China (about 22% on average) and also
much lower than the proposed tax rate of the domestic manufacturing industry
(16.30%). This anti-dumping tax is effective from August 21st, 2021 and has an application term of 05 years, the term above
could be changed or extended in accordance with the laws.
In order to have a basis for determining the origin of imported
goods subject to anti-dumping tax, the Customs authority will check the proofs
of origin of goods, including:
(i) Certificate of Origin (C/O); or
(ii) Documents certifying the origin of goods in accordance with
the provisions of:
-ASEAN Trade in Goods Agreement;
-Comprehensive and Progressive Agreement for Trans-Pacific
Partnership (CPTPP);
-Free Trade Agreement between the Socialist Republic of Vietnam
and the European Union (EVFTA);
-Free Trade Agreement between the Socialist Republic of Vietnam
and the United Kingdom of Great Britain and Northern Ireland.
The above information is the regulation on application of official
anti-dumping tax on some H-shaped steel products originating from Malaysia,
organizations and individuals producing and exporting the above goods from
Malaysia and relevant organizations and individuals need to know and implement
according to the laws.
ANT Lawyers, a law firm in Vietnam always
follow the legal developments to update client. Our international trade dispute lawyers
in Vietnam and consultants represent client in
international trade disputes including anti-dumping cases at Vietnam
authorities.
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