Dumping of Chinese goods: PSM appeal against tariff panel’s decision dismissed
Steel mill was seeking imposition of anti-dumping duty on import of hot-rolled iron and steel products
ISLAMABAD:
The anti-dumping appellate tribunal has dismissed an appeal of Pakistan Steel Mills (PSM) against a decision of the National Tariff Commission that refused to impose anti-dumping duty on imports of hot-rolled iron and steel products from China.
PSM filed the appeal after the National Tariff Commission rejected its application seeking levy of anti-dumping duty on cheaper imports of hot-rolled products.
Dar blocks extension of Pakistan Steel Mills CEO
After examination and assessment of the accuracy and adequacy of evidence and information provided by PSM in the application under Section 23 of the anti-dumping ordinance, the commission had arrived at the conclusion that there was insufficient evidence of injury to the domestic industry due to alleged dumping and it could not justify initiation of an investigation.
According to an implementation report submitted to the Economic Coordination Committee (ECC) in its meeting on May 7, the tariff commission argued that the injury to PSM was caused by factors other than dumping such as over-employment, unavailability of gas and energy, extraordinary high production cost, operating expenses, etc. In view of these reasons, the commission rejected the PSM application.
The ECC was also informed that the appeal filed by PSM against the tariff commission’s decision had also been turned down by the anti-dumping appellate tribunal.
During the deliberations, it was revealed that no petition pertaining to anti-dumping duty was pending in the National Tariff Commission for adjudication. The ECC also told the commission that no such applications should be left undecided at their end.
Pakistan Steel Mills is a nightmare: Privatisation Commission chairman
Earlier in its meeting held on January 29, 2016, the ECC had directed the Federal Board of Revenue and the National Tariff Commission to expeditiously come up with an estimate of the impact of dumping of goods and assess the anti-dumping and countervailing duties imposed by neighbouring countries on iron products as reported by the PSM chairman. It sought a report on these issues.
The ECC had also issued directives that it should be informed about the decision on the petition filed by PSM for slapping anti-dumping duties on Chinese iron and steel products.
Published in The Express Tribune, May 25th, 2016.
The anti-dumping appellate tribunal has dismissed an appeal of Pakistan Steel Mills (PSM) against a decision of the National Tariff Commission that refused to impose anti-dumping duty on imports of hot-rolled iron and steel products from China.
PSM filed the appeal after the National Tariff Commission rejected its application seeking levy of anti-dumping duty on cheaper imports of hot-rolled products.
Dar blocks extension of Pakistan Steel Mills CEO
After examination and assessment of the accuracy and adequacy of evidence and information provided by PSM in the application under Section 23 of the anti-dumping ordinance, the commission had arrived at the conclusion that there was insufficient evidence of injury to the domestic industry due to alleged dumping and it could not justify initiation of an investigation.
According to an implementation report submitted to the Economic Coordination Committee (ECC) in its meeting on May 7, the tariff commission argued that the injury to PSM was caused by factors other than dumping such as over-employment, unavailability of gas and energy, extraordinary high production cost, operating expenses, etc. In view of these reasons, the commission rejected the PSM application.
The ECC was also informed that the appeal filed by PSM against the tariff commission’s decision had also been turned down by the anti-dumping appellate tribunal.
During the deliberations, it was revealed that no petition pertaining to anti-dumping duty was pending in the National Tariff Commission for adjudication. The ECC also told the commission that no such applications should be left undecided at their end.
Pakistan Steel Mills is a nightmare: Privatisation Commission chairman
Earlier in its meeting held on January 29, 2016, the ECC had directed the Federal Board of Revenue and the National Tariff Commission to expeditiously come up with an estimate of the impact of dumping of goods and assess the anti-dumping and countervailing duties imposed by neighbouring countries on iron products as reported by the PSM chairman. It sought a report on these issues.
The ECC had also issued directives that it should be informed about the decision on the petition filed by PSM for slapping anti-dumping duties on Chinese iron and steel products.
Published in The Express Tribune, May 25th, 2016.