Beijing
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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