Extending the application of measures to avoid evasion of trade remedies for imported rolled steel and wire products

On May 13, 2019, the Ministry of Industry and Trade issued Decision No. 1230 / QD-BCT on the application of measures to avoid evasion of commercial defense measures for rolled steel and wire steel products with HS code: 7213.91. 90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 are imported into Vietnam.

On March 20, 2020, the Ministry of Industry and Trade issued Decision No. 918 / QD-BCT on extending the application of safeguard measures to imported steel billets and long steel products.

On March 20, 2020, the Ministry of Industry and Trade issued Decision No. 920 / QD-BCT extending the application of anti-evasion measures to prevent trade remedies for coil and wire products with HS code: 7213.91. .90, 7217.10.10, 7217.10.29, 7229.90.99, 9839.10.00 are imported into Vietnam with specific tax rates as follows:

Effective time Tax rate
From March 22, 2020 to March 21, 2021 9,4%
From March 22, 2021 to March 21, 2022 7,9%
From March 22, 2022 to March 21, 2023 6,4%
From 3/22/2023 onwards 0% (if not renewed )

In case organizations and individuals importing rolled steel and wire steel think that their imported products meet the provisions on the scope of exemption from application of trade defense measures in Article 1 of the Notice promulgated together with the Decision. No. 920 / QD-BCT or Article 10 of Circular 37/2019 / TT-BCT detailing a number of contents on trade remedies, importing organizations and individuals have the right to submit dossiers. to propose exemption from application of safeguard measures to the Department of Trade Remedies – Ministry of Industry and Trade. Procedures for exemption application are based on Circular 37/2019 / TT-BCT.

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