On December 5, 2017, the GCC Secretariat of International Trade Against Harmfulness issued a public notice on the preliminary ruling on the anti-dumping case of seamless iron pipe and steel pipe products. The preliminary ruling ruled that the tax rates of the relevant enterprises were respectively: 33.5% Tianjin Steel Pipe Co., Ltd., Anhui Tianda 30.5%, Valin 95.4%, cooperative enterprises tax rate of 38.5%, other corporate tax rate of 103%.
The announcement said: Although the preliminary determination of the existence of dumping, dumping caused substantial damage to the Gulf industry, in view of the Gulf industry through long-term bidding according to demand and sales of the nature of the industry to produce, even if not imposed more than 4-6 months Temporary tax anti-dumping, the Gulf industry will not benefit from it. It is not necessary to impose a provisional anti-dumping fee during the investigation period to prevent damage to the Gulf industry. Accordingly, the announcement decided to complete the investigation without imposing a temporary tax.
The case involved in the product tax number 73041900 and 73042900, please contact the China Iron and Steel Association for more information, Tel: 010 -65,131,936, Fax: 010 -65,133,847.
Source: Bureau of Trade Relief Investigation