US issues conclusion on tax evasion investigation of VNese steel pipe products
Friday, November 17,2023AsemconnectVietnam - The United States’ Department of Commerce (DOC) has issued a conclusion of its investigation into trade remedy tax evasion on a number of steel pipe products imported from Vietnam, which was launched on August 4, 2022 targeting steel pipes codes HS 7306.61 and 7306.30, according to the Ministry of Industry and Trade.
Firms making the accusation believe that Vietnamese processors had done so in order to evade the respective trade remedy tax that the US is levying on the aforementioned countries.
On August 3 this year, the DOC concluded that certain circular welded carbon steel pipes and circular welded non-alloy steel pipe which were imported from Vietnam did not evade anti-dumping and countervailing duties that the US is currently applying to similar products from Taiwan (China), due to the fact that these products did not use hot-rolled steel (HRS) sourced from Taiwan.
Then on November 9, the DOC issued final conclusions on the remaining investigated steel pipe products saying that Vietnamese makers of those products had evaded the anti-dumping/countervailing duties imposed by the US on China, Taiwan (China), the Republic of Korea, and India.
The Ministry of Industry and Trade noted that the DOC, however, allowed Vietnamese exporters to participate in the self-certification mechanism to confirm that they do not use HRS originating from China, Taiwan (China), the Republic of Korea, and India to be exempt from the measures.
Source: english.vov.vn/en/economy/us-issues-conclusion-on-tax-evasion-investigation-of-vnese-steel-pipe-products-post1059811.vov
Vietnam underlines importance of climate action at APEC Leaders’ Meeting session
Symposium highlights Vietnam-Australia cooperation on cattle raising
Vietnam promotes investment opportunities in United States
HCM City, US partners promote cooperation in smart urban development
Vietnam furthers bilateral, multilateral cooperation mechanisms to achieve goals
World Bank supports rapid growth, comprehensive development in Vietnam
FTA boosts trade between Vietnam, Eurasian Economic Union: officials
State President begins US trip, attends APEC summit
Vietnam plays by the rules as it increases its role in APEC
Cao Bang studies Niagara region's experience in cross-border trade, tourism
Can Tho seeks investment from Republic of Korea in large-scale industrial production
Vietnam cashes in on FTAs to boost exports: Minister
DOC requested to conduct anti-subsidy probe into Vietnam’s frozen warmwater shrimp
US’s Montgomery county looks to partner with Dong Nai
Plan on implementing national strategy on climate change ...
Actively and effectively adapting, reducing vulnerability, loss and damage due to climate change; reduce greenhouse gas emissions ...Scheme on attracting, restructuring and improving quality ...
Urban development plan of Binh Phuoc province in a period ...
Plan on implementing Decision No. 327/QD-TTG dated March ...
Hung Kings Temple Festival 2023 kicks off
The Hung Kings Temple Festival 2023 and the Culture and Tourism Week of Ancestral Land 2023 kicked off in the northern province of Phu Tho ...Vietnam trounce Palestine at AFC U-17 Women's Asian ...
Phu Tho: Festival honours UNESCO intangible cultural ...
Saigontourist Group Food and Culture Festival 2023 opens
Vietnam’s top swimmer Huy Hoang to hold Vietnamese flag at ...