Imposing anti-dumping duties on Sorbitol sugar, Imposing anti-dumping duties on sugar, anti-dumping duty on Sorbitol sugar, Sorbitol sugar, Vietnam imposing anti-dumping duties on sugar of China, Vietnam imposing anti-dumping duties on sugar of India, Vietnam imposing anti-dumping duties on sugar of Indonesia

Imposing anti-dumping duties on Sorbitol sugar of India, China, Indonesia

Recently, the Ministry of Industry and Trade has issued Decision 2644/QĐ-BCT on the imposition of anti-dumping duty on several Sorbitol sugar products originating from India, Indonesia, and China. This anti-dumping duty is imposed from more than 44.3% to 68.5%.

On November 23, 2021, the Decision to impose anti-dumping duty on Sorbitol sugar of India, China, and Indonesia will officially take effect and have an application term of 5 years from November 23, 2021.

Accordingly, the official anti-dumping duty for organizations and individuals producing and exporting goods originating from India will be 52.7%.

On the other hand, the Sorbitol sugar products of PT Sorini Agro Asia Corporindo, PT Sorini Towa Berlina Corporindo of Indonesia will have a duty rate of 44.39%. As for organizations and individuals producing and exporting other Indonesian goods, the duty rate will be 57.55%.

Products of Shangdong Tianli Pharmaceutical Co., Ltd, China are taxed at 44.99%. For other organizations and individuals producing and exporting goods originating from China, there will be a duty rate of 68.5%.

Imposing anti-dumping duty on sugar

The investigation to impose anti-dumping duty on Sorbitol sugar has been initiated by the Ministry of Industry and Trade since December 2020 based on the request of the domestic industry submitted in September 2020.

The whole investigation process is carried out in the spirit of strictly complying with the principles of the Law on Foreign Trade Management, as well as relevant regulations and according to the Anti-Dumping Agreement of the World Trade Organization (WTO).

Imposing anti-dumping duties on Sorbitol sugar of India, China, Indonesia
Imposing anti-dumping duties on Sorbitol sugar of India, China, Indonesia

After a period of investigation, the Ministry of Industry and Trade received the results that a series of investigated goods had a sudden increase in quantity, leading to goods being dumped and causing significant damage to the domestic manufacturing industry.

Previously, on September 21, the Ministry of Industry and Trade issued Decision No. 2171/QD-BCT on the investigation and application of measures to prevent evasion of trade remedies for cane sugar products originating from Thailand, accused of evading through five ASEAN countries: Laos, Cambodia, Indonesia, Malaysia, and Myanmar.

According to the Ministry of Industry and Trade, the recent increase in the application of official anti-dumping measures will contribute to creating a fair competitive environment for domestic manufacturing industries. Not only that, the imposition of such duty will help develop and improve the added value and competitiveness of Vietnamese products and businesses in the global value chain.

In the coming time, the Ministry of Industry and Trade will continue to coordinate with relevant ministries and branches to monitor the impact of anti-dumping measures, ensuring an equal and favorable competitive environment for manufacturing industries.

ASL LAW is the top-tier Vietnam law firm for Anti-dumping & countervailing. If you need any advice, please contact us for further information or collaboration.

    CONTACT

    Your infomation

    Question


    ***Other service of ASL LAW – full service Vietnam law firm ***

    Retainer service to enterprises

     

    International trademark registration

    Oversea investment consultancy for Vietnamese enterprises

     

    Patent in Vietnam

    PCT Patent in Vietnam

     

    PCT Patent Vietnam Entry

    Intellectual property services (Vietnam IP Firm)

     

    Vietnam Patent Agent

    Trademark in Vietnam

     

    Vietnam Patent Firm

    Vietnam Trademark Agent

     

    Patent translation in Vietnam

    How to register trademark in Vietnam

     

    Vietnam Patent Translation Agent

    Copyright in Vietnam

     

    Vietnam IP Firm

    Vietnam Trademark

     

    Vietnam IP Agent

    Notes to company formation in Vietnam

     

    M&A

    How to open company in Vietnam

     

    Banking & financial services

    Open representative office in Vietnam

     

    Contract consultancy

    Establish company in Vietnam

     

    Employment and labor

    Corporate services in Vietnam

     

    Litigation and dispute resolution

    Vietnam Law Firm

     

    Franchise in Vietnam

    Vietnam Antidumping Law Firm

     

    Vietnam Franchise registration

    Vietnam countervailing law firm

     

    Vietnam Business Law Firm

    Vietnam Real estate law firm

     

    Vietnam construction law firm

    Law firm in Hanoi

     

    Law Firm in Ho Chi Minh

     

     

     

     

     

    Leave a Reply

    Your email address will not be published. Required fields are marked *

    +84982682122