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Anti-dumping duty on flat-rolled stainless-steel products

In this issue:

Anti-dumping duty on flat-rolled stainless-steel products originating in China, Taiwan and Indonesia starting with 8 April 2020

 

Starting with 8 April 2020, a provisional anti-dumping duty is imposed on flat-rolled products of stainless-steel originating from the People’s Republic of China, Taiwan and Indonesia.

The rates of the provisional anti-dumping duty applicable to the net, free-at-Union-frontier price, before duty, of the product described above shall be as follows:

  • for imports from Indonesia, an anti-dumping duty of 17% of the net free-at-Union-frontier price will be imposed regardless of the exporter;
  • for imports from the People's Republic of China, an anti-dumping duty of 14.5%, 17.4% respectively 18.9% of the net free-at-Union-frontier price will be imposed, these percentages differing according to the exporter;
  • for imports from Taiwan, an anti-dumping duty of 6%, respectively 7.5% of the net free-at-Union-frontier price will be imposed, these percentages differing according to the exporter.
 

This anti-dumping duty is applicable for a period of six months directly in all Member States of the European Union.

 

How does the above influence the activity of your company?

If you are an importer of flat-rolled stainless-steel products originating from Indonesia, People's Republic of China or Taiwan you should take this anti-dumping duty into account. Thus, you must request from your suppliers’ clear evidence of the non-preferential origin of these products before importing such products.

 
Prepared by:
Mihai Petre –  Director, Indirect Tax
 
For additional information, please contact:
Alex Milcev – Partner, Tax & Law Leader Romania
 
Ernst & Young SRL
Bucharest Tower Center Building,
22nd Floor, 15-17 Ion Mihalache Blvd.,
Sector 1, 011171, Bucharest, Romania
Tel: (40-21) 402 4000, Fax: (40-21) 310 7124
Email: office@ro.ey.com
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