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Ministry of Commerce Announcement No.5, 2005

 China import & export Policy
 2005-02-18 11:08:56



  Ministry of Commerce issued announcement No. 61, 2003 on Nov 22, 2003, announcing the Ministry of Commerce Final Arbitration on Anti-dumping Investigation of imported toluene diisocyanate originating from Japan, the Republic of Korea and the United States. Since Nov 22, 2003, the People’s Republic
of China began to impose anti-dumping duty on imported toluene diisocyanate (TDI80/20) originating from Japan, the Republic of Korea and the United States.
  
  Cangzhou Chemical Industry TDI Co., Ltd of Hebei province put forward application of carrying out reexamination on dumping and dumping profit margin applied to anti-dumping of toluene diisocyanate (TDI80/20) originating from Japan and the Republic of Korea on Dec 20, 2005, claiming that the dumping
profit margin of toluene diisocyanate (TDI80/20) from manufacturers and exporters of Japan and the Republic of Korea grew increasingly during the year after the arbitration, which exceeded the tax rate of antidumping duty regulated by the arbitration. Cangzhou Chemical Industry TDI Co., Ltd requeste
d to calculate the dumping profit margin of the manufacturers and exporters of Japan and the Republic of Korea and accordingly amend tax rate of antidumping duty.
  
  Ministry of Commerce delivered the notice, open texts and the non-classified summary of classified materials of the reexamination application to the Japanese Embassy in China and the Embassy of the Republic of Korea in China on Dec 23, 2004. On Jan 12, 2005 DC Chemical Co.,Ltd and Korea Fine Chemic
al Co, Ltd submitted comments to Ministry of Commerce. NIPPON POLYURE THANE INDUSTRY CO., LTD, MITSUI TAKEDA CHEMICALS, INC, and BASF CO., LTD submitted comments to Ministry of Commerce on Jan 13,2005.
  
  In accordance with the item 49 of Anti-dumping Regulations of the People’s Republic of China and the Temporary Regulations of Midterm Reexamination of Dumping and Dumping Profit Margin, Ministry of Commerce may verify the corresponding evidences supplied by the interested parts in response to the t
heir requirement during reasonable period after the anti-dumping duty took effect, and decided to carry out midterm reexamination on the dumping and dumping profit margin from the manufactures and exporters.
  
  In accordance with the related regulations of Anti-dumping Regulations of the People’s Republic of China and the Temporary Regulations of Midterm Reexamination of Dumping and Dumping Profit Margin, Ministry of Commerce examined the applying time, qualifications of applicants, relevant conditions of
the investigated products, export prices and the normal prices of in the relevant countries and regions.
  
  After verification, Ministry of Commerce considers that the application of Cangzhou Chemical Industry TDI Co., Ltd coincides requirements of midterm reexamination of anti-dumping in Anti-dumping Regulations of the People’s Republic of China as well as the requirements of Temporary Regulations of Mi
dterm Reexamination of Dumping and Dumping Profit Margin. Ministry of Commerce decides to carry out midterm reexamination on the dumping and dumping profit margin applied to the anti-dumping of toluene diisocyanate (TDI80/20) originating from Japan and the Republic of Korea as from the issuance of t
his announcement.
  
  The scope of the commodity is toluene diisocyanate (TDI80/20) with the PRC customs import tariff code of 29291010 in 2004, excluding those with model of TDI65/35 and TDI100/0.
  The reexamination period is from Dec 1, 2003 to Nov 30, 2004.
  The scope of reexamination is the tax rate of anti-dumping duty applied to toluene diisocyanate (TDI80/20) from manufactures and exporters of Japan and the Republic of Korea.
  
  Feb 3, 2005
  
  
 

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