Announcement No.115, 2005 of the Ministry of Commerce of the People's Republic of China, Releasing the Interim Review Determination on Imported Toluene Diisocyanate (TDI80/20) Originated from Japan and South Korea
China import & export Policy 2006-03-27 10:24:44
Ministry of Commerce issued Announcement No.61, 2003 on November 22, 2003 to start imposing anti-dumping duties on imported Toluene Diisocyanate (TDI80/20) originating from Japan, South Korea and U.S.. The anti-dumping duty rate on MITSUI TAKEDA CHEMICALS,INC (Japan) was 4%, that on other Japanese c ompanies was 49%; that on DC Chemical Co.,Ltd. (South Korea) was 3%, that on Korea Fine Chemical Co., Ltd. (South Korea) was 3%, and that on other South Korean companies was 5%.
Ministry of Commerce issued Announcement on February 3, 2005 to start a Dumping and Dumping Margin Interim Review on the anti-dumping measures applied to the imported Toluene Diisocyanate (TDI80/20) originating from Japan and South Korea.
The investigated product in the Interim Review, namely Toluene Diisocyanate (TDI80/20), is consistent with that in the anti-dumping investigation. The investigated product is listed under No. 29291010 in Import and Export Tariffs of General Administration of Customs of PRC, with Type TDI65/35 and Ty pe TDI100/0 excluded. In accordance with Article 50 of Anti-dumping Regulations of People’s Republic of China, Interim Review Temporary Regulations on Dumping and Dumping Margin issued by Ministry of Commerce, and decision made by Customs Tariffs Committee of the State Council, the arbitration of the Interim Review is a s follows:
The anti-dumping duty rate applied to the imported Toluene Diisocyanate (TDI80/20) originating from Japan and South Korea shall be adjusted as follows:
Companies in Janpan: 1. MITSUI TAKEDA CHEMICALS,INC : 12.45% 2. All others : 60.02%
Companies in South Korea: 1. DC Chemical Co.,Ltd. : 4.05 % 2. Korea Fine Chemical Co., Ltd. : 5.08% 3. BASF Company Ltd. : 15.78 % 4. All others : 61.14%
Importers shall, while importing Toluene Diisocyanate (TDI80/20) originating from Japan and South Korea as of January 10, 2006, pay relevant anti-dumping duties to General Administration of Customs of PRC. Anti-dumping Duty= Customs Tax Payment Price * Anti-dumping Duty Rate.
The relevant interested parties, disagreed with the final arbitration or the imposition of the anti-dumping duties, could apply for an administrative reconsideration or lawsuit in accordance with Article 53 of Anti-dumping Regulations of People’s Republic of China.
This announcement shall be carry out as of January 10, 2006 by General Administration of Customs of PRC
Appendix: Ministry of Commerce of the People's Republic of China Interim Review Determination on Imported Toluene Diisocyanate (TDI80/20) Originated from Japan and South Korea
