Business

US extends investigation into evasion of trade remedy tax on some Vietnamese goods

The US Department of Commerce (DOC) has announced an extension of the investigation period of trade remedy tax evasion for several goods imported from Vietnam, according to the Trade Remedies Authority under the Vietnamese Ministry of Industry and Trade.
US extends investigation into evasion of trade remedy tax on some Vietnamese goods ảnh 1Producing solar panels - Illustrative image (Photo: VNA)
Hanoi (VNA) - The US Department of Commerce (DOC)has announced an extension of the investigation period of trade remedy taxevasion for several goods imported from Vietnam, according to the TradeRemedies Authority under the Vietnamese Ministry of Industry and Trade.

Specifically, the deadline to issue the final conclusion on the evasion of trade remedy tax on plywoodproducts using hardwood materials imported from Vietnam is re-scheduled for May 26, 2023.

It also decided to extend the deadline for issuing the finalconclusion for the investigation on solar panels bought from Vietnam to August 17, 2023.

In order to ensure the legitimate interests of enterprises,the Trade Remedies Authority recommended producers and exporters related tothese products to keep themselves updated on the developments of the cases.

Enterprises also need to properly and fully comply withrequirements of the US investigating agency, and closely coordinate with the authoritythroughout the course of the case to avoid unfortunate damages./.
VNA
#US Department of Commerce #Trade Remedies Authority #trade remedy tax evasion #plywood products #solar panels #Vietnam #Vietnamplus #Vietnam News Agency
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