Ministry of Commerce Notice No. 21
www.chinaview.cn
2003-06-11 10:05
¡¡¡¡The Ministry of Foreign Trade and
Economic Cooperation (MOFTEC) announced an anti-dumping investigation into TDI
(type:TDI80/20) imported from Japan, Republic of Korea and USA (investigated
product) in its notice on May 22, 2002. The investigated product is listed under
No. 29291010 in the import tariffs of the General Administration of Chinese
Customs.
¡¡¡¡MOFTEC and State Economic and Trade Commission have made
investigation separately on dumping and the range of dumping, damage and the
degree of damage to China¡¯s industries. Approved by First Conference of Tenth
National People¡¯s Congress, the Ministry of Commerce has carried out the
anti-dumping investigation. According to the investigation and Anti-dumping
Regulations of the People¡¯s Republic of China, Ministry of Commerce made
original arbitration as follows.
¡¡¡¡The Ministry of Commerce confirmed
that dumping of the investigated product had taken place, it had caused damage
to China¡¯s industries and there was a direct causal relationship between the
dumping and the damage.
¡¡¡¡The dumping range of related companies is as
follows:
Japanese Companies: 1. Nippon Polyurethane Industry Co.,
Ltd: 28% 2. Mitsui Takeda Chemical, INC.: 19% 3. All others: 49%
Companies of Republic of Korea: 1. DC Chemical Co., Ltd.: 22% 2.
Korea Fine Chemical Co, Ltd. 6% 3. All others: 22%
USA Companies
1. BASF Corporation: 28% 2. Bayer Corporation: 23% 3. All others:
28%
¡¡¡¡According to Article 28 and 29 of Anti-dumping Regulations of the
People¡¯s Republic of China, the Ministry of Commerce has decided to take
temporary anti-dumping measures in cash margin. As of June 10, 2003, importers
should pay relevant cash margin to the Customs of the People¡¯s Republic of China
according to above range of dumping when they import the investigated products
from above countries. The calculation formula is cash margin = (tariff dutiable
price x levy rate) x (1+import added value tax rate). Enditem
(english.mofcom.gov.cn)
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