China continues to impose anti-dumping duties on imports of neoprene

Today, the Ministry of Commerce has issued a final review ruling on anti-dumping imports of chloroprene rubber originating in Japan, the United States, and the European Union, and imposed anti-dumping measures on imported chloroprene rubber in the above-mentioned areas for an implementation period of five years.

The Ministry of Commerce ruled that if the original anti-dumping measures were terminated, the dumping of imported neoprene rubber originating in Japan, the United States, and the European Union may continue to occur in China, and damage to China's neoprene rubber industry caused by the imported products under investigation may recur.

According to the announcement, since May 10, 2011, when importing operators importing chloroprene rubber originating in Japan, the United States, and the European Union, they should pay the corresponding anti-dumping duties to the customs. The anti-dumping duty shall be calculated on the basis of the ad valored duty-paid price. The formula is: anti-dumping tax amount = customs duty-paid price × anti-dumping tax rate. The value-added tax of the import link shall be calculated from the duty-paid price approved by the customs together with the duty and anti-dumping duties as the taxable price.

On May 10, 2005, the Ministry of Commerce of the People's Republic of China issued an announcement No. 23 of the year which decided to impose anti-dumping duties on imported chloroprene rubber originating in Japan, the United States, and the European Union. The implementation period is from May 10, 2005. 5 year. During the implementation of the anti-dumping measures, the Ministry of Commerce issued Announcement No. 49 of 2010 and adjusted the measures according to law.

On May 9, 2010, the Ministry of Commerce issued an announcement No. 25 of 2010, which decided to conduct a final review of the anti-dumping measures applicable to imported neoprene rubber originating in Japan, the United States, and the European Union.