GACC Announcement No. 56, 2012 for AD on EU Toluene Diisocyanate (TDI)

 
In accordance with China Antidumping Regulations, China Ministry of Commerce (MOFCOM) has decided to conduct provisional antidumping (AD) measures from November 13, 2012 on Toluene Diisocyanate (TDI) from the European Union (see the Annex 1 hereto).

Relevant matters are hereby announced:

1. As of November 13, 2012, China Customs shall levy, besides existing import duties and value-added taxes (VAT), antidumping cash deposit and import VAT cash deposit on the Toluene Diisocyanate from the EU (HS Code 29291010), by distinguishing suppliers, as per applicable rates in the Annex 2 hereto and the calculation formulas below:

Cash Deposit Total = (Duty-Paid Value × Antidumping Deposit Rate) × (1 + Import VAT Rate)

2. Upon their declarations, the importers shall submit relevant Certificates of Origin to the customs, and regarding origin in the EU, shall also submit the invoices issued by original manufacturers.

Where the Certificates of Origin are not available and the origins remain not definite, the customs may levy the cash deposits at the highest antidumping deposit rates listed in the Annex 2 hereto;

Where the origins are definitely the EU, but original manufacturer invoices are not available and the original manufacturers remain not definite, the customs may levy the cash deposits at the antidumping deposit rates applied to all other companies listed in the Annex 2 hereto.

3. As regards the cash deposits on bonded imports through processing trade, the customs may resort to the GACC Decree No. 111 and Announcement No. 9 of 2001.

4. The disposal of the cash deposits already levied may resort to the final ruling results of the MOFCOM.

Annex 1: MOFCOM Announcement No. 79, 2012 Antidumping on EU TDI

Annex 2: List of Antidumping Deposit Rates on Toluene Diisocyanate


On November 10, 2012