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Deadline extended for imported steel tax review

The Vietnam Competition Authority will continue to receive requests from manufacturers, traders and others seeking to ease or lift the anti-dumping tax on imported cold-rolled stainless steel until July 31.
Deadline extended for imported steel tax review ảnh 1

VCA continues to receive feedback on imported cold-rolled stainless steel until the end of July. (Photo: baodautu.vn)


Hanoi (VNA) - The VietnamCompetition Authority (VCA) under the Ministry of Industry and Trade (MoIT)will continue to receive requests from manufacturers, traders and othersseeking to ease or lift the anti-dumping tax on imported cold-rolled stainlesssteel from China, Indonesia, Malaysia and Taiwan until July 31, 2017.

OnSeptember 5, 2014, the MoIT issued a decision to impose anti-dumping duties onseveral cold-rolled stainless steel products imported to Vietnam from China,Indonesia, Malaysia and Taiwan. The first review was concluded on April 29,2016.

Anti-dumpingregulations enable concerned parties to request an annual review ofanti-dumping duties. The request for reviews includes the scope ofproducts being subject to duty, the applicable anti-dumping tax rates, newexporters and more.

OnDecember 19, 2016, VCA started to get requests for a second review of theanti-dumping tax on cold-rolled stainlesssteel imported into Vietnam until April 15, 2017.

InMay, the MoIT issued a response to the review proposal submitted byseveral steel import companies and firms that sell steel to Vietnam. Thesecond review covers the period from May 1, 2016 to April 30, 2017.

However,during the review time, VCA continued to receive feedback from enterprisesseeking to eliminate duties on some of the products subjected to tax.

Therefore,VCA informed all those involved in cold-rolled stainless steel products thatthey can submit their requests to VCA before August 1.-VNA
VNA
#Vietnam Competition Authority #anti-dumping tax #imported cold-rolled stainless steel #annual review of anti-dumping duties #Vietnam #Vietnam news #Vietnamplus
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