Announcement No.62, 2005 of the General Administration of Customs of the People’s Republic of China
China import & export Policy 2006-03-07 13:22:32
In accordance with decisions of Tariff Committee of the State Council, China started to impose anti-dumping duties on Styrene-butadiene rubber (SBR) originating from Russia, the Republic of Korea and Japan as from Sep 9, 2003, and General Administration of Customs released Announcement No.53, 2003 a ccordingly. In accordance with investigation result of midterm review of Ministry of Commerce, Tariff Committee of the State Council decided to adjust rate of anti-dumping duties on SBR originating form a part of Korean enterprises, according to which Ministry of Commerce released Announcement No.81 , 2005 (refer to Appendix). Related matters are now announced as follows:
1. As form Dec 13, 2005, LG Daesan Petrochemical Ltd. will be allowed to succeed the anti-dumping measures that are applied to SBR produced by Hyundai Petrochemical Co., Ltd. previously, the tax rate of which is 4.15%. 2. As from Dec 13, 2005, when exporting investigated commodities to China mainland in name of “Hyundai Petrochemical Co., Ltd.”, Korean exporters should pay a anti-dumping duty of 27%, which is equal to that of “other Korean companies”. 3. Please follow Announcement No.53, 2003 of General Administration of Customs to deal with other affair s of anti-dumping duties on SBR originating from Russia, the Republic of Korea and Japan.
Appendix: Announcement No.81, 2005 of Ministry of Commerce of the People’s Republic of China
