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

BOC secures 12 of Discaya family’s luxury cars

By Brian Campued The Bureau of Customs (BOC) on Tuesday night secured 12 luxury vehicles reportedly owned by contractor couple Pacifico “Curlee” and Cezarah “Sarah”...

Nearly 3K patients benefit from zero billing in Bataan DOH hospital —PBBM

By Brian Campued President Ferdinand R. Marcos Jr. lauded the Bataan General Hospital and Medical Center (BGHMC) for ensuring that patients are discharged without paying...

PBBM brings YAKAP Caravan for students, teachers in Aurora

By Brian Campued To safeguard the health and wellness of students, teachers, and non-teaching personnel by providing access to quality medical services, President Ferdinand R....

PBBM leads training, distributes financial assistance to 1-K tourism workers in Aurora

By Dean Aubrey Caratiquet After his earlier engagements at the Turismo Asenso Loan Program’s (TALP) ceremony in Pasay City and the appointment of new DPWH...