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- May 13, 2019
- Posted by: Administrator
- Category: Consultant, Info 2, Tax News
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The Government has extended the imposition of anti-dumping duty on flat-rolled products of Iron or non-alloy steel for another five years, effective from 2 April 2019. This is based on the investigation by the Indonesian Anti-Dumping Committee which indicated there are still dumping practices in the import of such products. The extension is stipulated through MoF regulations No. 24/PMK.010/2019 and 25/PMK.010/2019.
The summary is as follows:
- The products stipulated under MoF regulation No. 24/PMK.010/2019 are as follows:
Country of Origin | Product | % |
People’s Republic of China | H Section of iron or non-alloy steel not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more included in pos tariff 7216.33.11 and 7216.33.19 | 11.93% |
I Section of iron or non-alloy steel not further worked than hot-rolled, hot-drawn or extruded of a height of 80 mm or more included in pos tariff 7216.32.10 and 7216.32.90 |
- The products stipulated under MoF regulation No. 25/PMK.010/2019 are flat-rolled products of iron or non-alloy steel of a width of 600 mm or more, hot-rolled, not clad, plated or coated in coils, with the summary of source country/exporter and tariff as follows:
Country of Origin | Exporter and/or Producer | % |
People’s Republic of China |
Wuhan Iron & Steel (Group) Co | 0.00% |
Angang Steel Company Ltd | 20.00% | |
Baoshan Iron & Steel Co. Ltd | 20.00% | |
Others Company | 20.00% | |
India | Essar Steel Ltd | 12.95% |
JSW Steel Ltd | 20.00% | |
Others Company | 20.00% | |
Russia and Belarus | Novolipetsk Steel | 8.96% |
Magnitogorsk Iron & Steel Works | 20.00% | |
JSC Severstal | 5.58% | |
Others Company | 20.00% | |
Kazakhstan | All companies | 20.00% |
Taiwan | Chung Hung Steel Corporation | 4.24% |
China Steel Corporation | 0.00% | |
Shang Shing Steel Industrial | 4.7% | |
Others Company | 20.00% | |
Thailand | Sahaviriya Steel Industries Public Co Ltd | 11.23% |
Nakorntai Strip Mill Public Co Ltd | 12.78% | |
G Steel Ltd | 7.52% | |
Others Company | 20.00% |
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