MOFCOM Announcement No.33, 2014 Preliminary Ruling on Single-mode Optical Fiber from India

[2014-05-19 10:51:41]

On June 18, 2013, Chinese industrial representatives made a written application to China Ministry of Commerce (MOFCOM) for antidumping investigation on India-made Single-mode Optical Fiber. And the MOFCOM decided on August 14, 2013 to start this antidumping investigation.
Based on its investigation, now the MOFCOM hereby makes its preliminary ruling as follows:

1. Preliminary Ruling
During the investigated period, the Single-mode Optical Fibers originating in India were dumped to China; relevant Chinese industry was threatened with material injury; and there is a cause-and-effect relationship between the dumping and the material injury threat.

2. Levy of Security Deposit
The MOFCOM has decided to conduct a provisional antidumping measure by levying security deposit. From May 14, 2014, the involved importers shall deliver security deposit to China Customs as per the determined dumping margins on the companies specified herein.

The governing Chinese HS Code is 90011000, excluding other kinds of optical fiber and optical cable thereunder.

The investigated product is Single-mode Optical Fiber originating in India to import.

The security deposit ratios on the companies involved include:
2). Birla Furukawa Fibre Optics Limited - 19.2%;
3). Corning Technologies India Private Limited - 47%;
4). The uncooperative companies:
(2) Finolex Cables Limited - 51%;
5). ALL Others - 47%

3. Levy Method
The security deposit shall be calculated ad valorem on customs-set duty-paid value in the formula: Deposit Amount = (duty-paid value × deposit rate) × (1+import VAT rate).

4. Comment
The interested parties may, within 20 days upon this Announcement issue, submit relevant comments and evidences in written forms to the MOFCOM.

Annex: MOFCOM Antidumping Preliminary Ruling on the Single-mode Optical Fiber from India (omitted)

The Ministry of Commerce of China (MOFCOM)

May 13, 2014
Source: ETCN