Taiwan: Cement from China May be Levied Anti-dumping Tax of 91.58%

03/08/2011 12:00 - 401 Views

Taipei, (CENS)--The Ministry of Finance (MOF) in Taiwan has recently announced to levy 91.58% in anti-dumping tax on cement imported from China, to be implemented after the Ministry of Economic Affairs (MOEA) finalizes related investigations.

The anti-dumping tax will be imposed for five years if the MOEA confirms the suppliers’ errant practice, which will make the current charge the fifth case of its kind for the authorities in Taiwan.

Since May 30, the MOF has imposed temporary anti-dumping taxes of 95.26% on Portland cement and 95.29% on clinkers from China.

As the 91.58% anti-dumping tax is lower than the temporary taxes, the MOF will return the differences to China’s cement producers who have paid such temporary taxes over the past few months.

Aug. 2, 2011
By Ben Shen
Source: news.cens.com