Announcement No. 42, 2006 of Ministry of Commerce, on Final Arbitration on Polybutylene Terephthalate Resin
China import & export Policy 2006-07-31 10:43:59
On June 6, 2005, in accordance with Anti-dumping Regulations of People’s Republic of China, Ministry of Commerce issued an announcement to start anti-dumping investigation on imported Polybutylene Terephthalate Resin (PBT, PBTP or PTMP for short) originating from Japan and Taiwan Region (hereinafte r referred to as “investigated product”).
Ministry of Commerce issued the preliminary determination on March 22, 2006, confirming that dumping of the investigated product had taken place and it had caused material injury to China’s domestic industries, and there was a causal relationship between the dumping and the injury.
As the final arbitration, Ministry of Commerce decided to impose anti-dumping duties on the investigated product. Customs Tariffs Committee of the State Council will levy anti-dumping duties on the investigated product as of July 22, 2006.
The investigated product is listed under Tariff No. 39079900 in the Customs Tariff of Import and Export of the People's Republic of China. Reinforced or modified PBT under the Tariff No. are not included.
The anti-dumping duty rates levied on the related companies are listed as follows:
Companies of Taiwan Region: 1．Chang Chun Plastics Co.,Ltd: 6.24% 2．All Others: 17.31%
Companies of Japan: 17.31%
Importers shall, while importing Polybutylene Terephthalate Resin originating from Japan and Taiwan Region as of July 22, 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 levy of anti-dumping duties on imported Polybutylene Terephthalate Resin originating from Japan and Taiwan Region will last 5 years as from July 22, 2006.
The relevant interested parties could apply, in written forms, to the Ministry of Commerce for an interim review during the levy of anti-dumping duties in accordance with Article 49 of Anti-dumping Regulations of People’s Republic of China.
The relevant interested parties, disagreed with the final arbitration or the levy 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.
Appendix: Ministry of Commerce Final Arbitration on Anti-dumping Investigation on Imported Imported Polybutylene Terephthalate Resin Originating from Japan and Taiwan Region
