MOFCOM Makes Final Ruling on Anti-dumping Investigation against Imports of Unbleached Sack Paper

April 14, 2016 – China's Ministry of Commerce (MOFCOM) has determined that there was dumping of imports of unbleached sack paper originated in the U.S., the EU and Japan, and China's domestic industry was substantially damaged, and there was causal relationship between the dumping and the substantive damage.

 

MOFCOM, in accordance with Article 38 of the Anti-dumping Regulations, proposed suggestions on the levy of anti-dumping duties against imports of unbleached sack paper (“Products”) originated in the U.S., the EU and Japan to the Customs Tariff Commission of the State Council, which then decided, as of April 10, 2016, to impose anti-dumping duties on imports of unbleached sack paper originated in the U.S., the EU and Japan.

 

Rates of anti-dumping duty imposed on companies are as follows:

 

U.S. companies:

EU companies:

Japanese companies:

As of April 10, 2016, import operators shall pay relevant anti-dumping duties to the Customs of the People’s Republic of China when importing unbleached sack paper originated in the U.S., the EU and Japan. The anti-dumping duties shall be levied by means of ad valorem on the basis of dutiable value authorized by China Customs, and the formula is: Anti-dumping duties = dutiable value authorized by China Customs x rate of anti-dumping duties. The import value-added tax shall be levied by means of ad valorem with the dutiable value authorized by China Customs plus the tariff and anti-dumping duties as the taxable value.

 

The complete announcement is avaialable on MOFCOM's website:

http://english.mofcom.gov.cn/article/policyrelease/buwei/201604/20160401294846.shtml

 

SOURCE: Paperage.com