GACC Announcement No.24, 2016 on (AD Deposit on Acrylic Fibers from Japan, South Korea & Turkey)
[2016-04-07]
In accordance with China's Antidumping Regulations, China Ministry of Commerce (MOFCOM) has decided to, from 2 April 2016, impose provisional antidumping (AD) measures on importing Acrylic fibers from Japan, South Korea and Turkey, relevant matters as follow:
1. As from 2 April 2016, China Customs shall levy, besides existing import duties and value-added tax (VAT), antidumping deposit and import VAT deposit on the Acrylic fiber (HS Codes 55013000, 55033000, 55063000) from Japan, South Korea and Turkey by differentiating between the suppliers, as per the levy rates listed in the Annex 2 hereto and the calculation formula below:
Total Deposit = (customs duty-paid value × antidumping deposit rate) × (1 + import VAT rate)
2. The importers involved shall declare Chinese HS Codes 501300010、5503300010 and 5506300010 for the acrylic fibers under antidumping respectively.
3. The importers shall submit the Certificates of Origin to the Customs. As regards the origin in Japan, South Korea or Turkey, the importers shall also provide original producers' invoices.
Where the Certificates of Origin are not available and the origin cannot be determined in other ways, the Customs shall levy the antidumping deposit at the highest deposit rate listed in the Annex 2 hereto;
Where the origin is confirmed Japan, South Korea or Turkey, but original producers' invoices are not available and the original producers cannot be determined by other documents, the Customs shall levy the antidumping deposit at the highest rate for corresponding countries in the Annex 2 hereto.
4. As regards bonded imports through processing trade, the antidumping deposit shall be subjected to relevant regulations in GACC Decree No.111 and GACC Announcement No. 9 of 2001.
5. The conversion of those deposits to duties shall be subjected to relevant definitive ruling by the MOFCOM. As regards any excess of the deposits over the antidumping duties and import VAT, the importers may apply for return within 6 months from the date of such duty/tax levy.
Annex 1 MOFCOM Announcement No. 9 of 2016 (omitted);
Annex 2 List of Antidumping Deposit Rates on the Acrylic Fibers (omitted)
General Administration of Customs of China (GACC)
April 1, 2016
1. As from 2 April 2016, China Customs shall levy, besides existing import duties and value-added tax (VAT), antidumping deposit and import VAT deposit on the Acrylic fiber (HS Codes 55013000, 55033000, 55063000) from Japan, South Korea and Turkey by differentiating between the suppliers, as per the levy rates listed in the Annex 2 hereto and the calculation formula below:
Total Deposit = (customs duty-paid value × antidumping deposit rate) × (1 + import VAT rate)
2. The importers involved shall declare Chinese HS Codes 501300010、5503300010 and 5506300010 for the acrylic fibers under antidumping respectively.
3. The importers shall submit the Certificates of Origin to the Customs. As regards the origin in Japan, South Korea or Turkey, the importers shall also provide original producers' invoices.
Where the Certificates of Origin are not available and the origin cannot be determined in other ways, the Customs shall levy the antidumping deposit at the highest deposit rate listed in the Annex 2 hereto;
Where the origin is confirmed Japan, South Korea or Turkey, but original producers' invoices are not available and the original producers cannot be determined by other documents, the Customs shall levy the antidumping deposit at the highest rate for corresponding countries in the Annex 2 hereto.
4. As regards bonded imports through processing trade, the antidumping deposit shall be subjected to relevant regulations in GACC Decree No.111 and GACC Announcement No. 9 of 2001.
5. The conversion of those deposits to duties shall be subjected to relevant definitive ruling by the MOFCOM. As regards any excess of the deposits over the antidumping duties and import VAT, the importers may apply for return within 6 months from the date of such duty/tax levy.
Annex 1 MOFCOM Announcement No. 9 of 2016 (omitted);
Annex 2 List of Antidumping Deposit Rates on the Acrylic Fibers (omitted)
General Administration of Customs of China (GACC)
April 1, 2016
Source: GACC
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