Update

Vietnam Enforces Official Anti-Dumping Taxes on Plastic Products BOPP from China, Thailand, and Malaysia (AD07)

On July 20, 2020, the Ministry of Industry and Trade issued Decision No. 1900/QD-BCT on the application of official anti-dumping taxes on plastic products BOPP originating from the People’s Republic of China, the Kingdom of Thailand and Malaysia (code: AD07).

Anti-Dumping Taxes on a number of Plastic Products from China, Thailand, and MalaysiaAnti-Dumping Taxes on a number of Plastic Products from China, Thailand, and Malaysia
Anti-Dumping Taxes on a number of Plastic Products from China, Thailand, and Malaysia

Officially Applies Anti-dumping Taxes on Plastic Products BOPP

Based on the decision, from July 23, 2020, the Ministry of Industry and Trade officially applies anti-dumping taxes on plastic products BOPP under HS codes 3920.20.10 and 3920.20.91 originating from the People’s Republic of China, the Kingdom of Thailand and Malaysia.

At the same time, this decision has terminated the validity of Decision No. 880/QD-BCT dated March 18, 2020 on the application of temporary anti-dumping taxes on plastic products (BOPP).

Attached to Decision No. 1900/QD-BCT, the Ministry of Industry and Trade issued a Notice clearly stating the detailed contents affirming the final investigation conclusion that there was an act of dumping, causing significant damage to the domestic manufacturing industry.

List of Goods Subject to Anti-dumping Taxes on Plastic Products BOPP

Accordingly, goods subject to official anti-dumping duties include:

HS Code 3920: Plates, slabs, films, foils and other strips, made of plastic, non-porous and unreinforced, unsurfaced, unreinforced or uncombined materials.

HS Code 3920.20: Products from propylene polymers

HS Code 3920.20.10: BOPP films and other products from polymers from other propylene

HS Code 3920.20.91: Products from polymers from propylene sheets and slabs

Exemption of Goods

The notice also clearly states the list of products excluded from the application of official anti-dumping measures with exclusion conditions and products exempt from the application of official anti-dumping measures.

The companies subject of applying anti-dumping duties are manufacturing and exporting companies from China, Thailand, and Malaysia. Each company is subject to a different anti-dumping tax rate and the official application period is 05 years from July 23, 2020.

Refund for Difference of Taxes Levied

The customs authority shall follow the steps guided in the notice to determine the anti-dumping duty rate.

In case the official anti-dumping duty rate is lower than the provisional anti-dumping duty rate, the tax difference will be refunded.

About ANT Lawyers, a Law Firm in Vietnam

We help clients overcome cultural barriers and achieve their strategic and financial outcomes, while ensuring the best interest rate protection, risk mitigation and regulatory compliance. ANT lawyers has lawyers in Ho Chi Minh city, Hanoi,  and Danang, and will help customers in doing business in Vietnam.

How ANT Lawyers Could Help Your Business?

You could learn more about ANT Lawyers International Trade and Tax or contact our International trade dispute lawyers in Vietnam for advice via email ant@antlawyers.vn or call our office at (+84) 24 730 86 529

ANTLawyers

Recent Posts

7 Reasons to Set Up a Subsidiary in Vietnam Now: A Powerful and Timely Move Amid Global Shifts

Introduction: The World Is Changing Fast, So Should Your Strategy When the world becomes unpredictable,…

5 hours ago

US Tariffs on Vietnamese Goods: 7 Powerful Insights Every Investor Needs for a Resilient and Rewarding Future

The recent imposition of US tariffs on Vietnamese goods has stirred both caution and opportunity…

1 day ago

5 Essential Insights into Provincial Mergers in Vietnam: What Foreigners and Businesses Must Know

Why Provincial Mergers in Vietnam Matter to You Imagine waking up one morning to find…

2 weeks ago

5 Key Highlights and How Low-Orbit Satellite Internet in Vietnam Would Revolutionize Connectivity and Economic Growth

The Pilot Policy of Low-Orbit Satellite Internet in Vietnam Now, Vietnam has moved its position,…

1 month ago

Legal Intern Position in Hanoi

ANT Lawyers in Hanoi Recruitment We are currently hiring Legal Intern Position in Hanoi for…

2 months ago

Fast-Track Investment Procedure: 5 Breakthrough Steps to Attract High-Quality Capital to Vietnam

Introduction to the Vietnam Fast-Track Investment Procedure In the highly competitive global race to attract…

2 months ago