DOF-BOC, DTI impose anti-dumping duties on importation of cement from covered country

Bureau of Customs on December 20, 2021, issued Customs Memorandum Order (CMO) No. 38-2021, imposing provisional anti-dumping duties for specific types of cement imported from Vietnam, pursuant to the Department Administrative Order (DAO) No. 21-07 from the Department of Trade and Industry (DTI) and in view of the directive of Finance Secretary Carlos G. Dominguez.

Based on Republic Act No. 8752 and its Implementing Rules and Regulations (IRR), an “Anti-Dumping Duty” refers to a special duty imposed on the importation of a product into the Philippines at less than its normal value when destined for domestic consumption in the country of export or origin, it being the difference between the export price and the normal value of such product.

DAO No. 21-07 highlighted that the following products – *Ordinary Portland Cement Type 1* (AHTN 2523.29.90) and *Blended Cement Type 1P* (AHTN 2523.90.00) are being dumped, causing material injury to the domestic cement industry.

Thus, provisional anti-dumping duties in the form of cash bond shall be imposed for four (4) months from the date of effectivity of DAO 21-07 on importations of the above mentioned products originating from Vietnam.

The non-confidential report of the preliminary anti-dumping measures investigation can be accessed at the DTI website via https://bit.ly/Adv_AntiDumping-VN. On the other hand, CMO 38-2021 is uploaded at the BOC website under the “Issuances” tab. (BOC)-rir

Popular

Gov’t remains ‘relentless’ in supporting PH Air Force — PBBM

By Brian Campued President Ferdinand R. Marcos Jr. reaffirmed his administration’s continued support to the Filipino airmen and airwomen as the Philippine Air Force (PAF)...

PBBM ‘rings’ CMEPA into effectivity

By Dean Aubrey Caratiquet Investments serve as the lifeblood of a successful and progressive nation, paving the way for an economy that adopts to the...

‘Best is yet to come’: PBBM rallies Alex Eala after WTA finals debut

By Darryl John Esguerra | Philippine News Agency On Sunday, June 29, President Ferdinand R. Marcos Jr. offered words of encouragement to tennis sensation Alex...

DOH opens online mental health support for Filipinos in Israel

By Joyce Ann L. Rocamora | Philippine News Agency The Department of Health (DOH) is extending psychosocial support to overseas Filipinos in Israel affected by...