SARS has implemented the final anti-dumping duties on Poly(ethylene terephthalate) PET classifiable under the tariff subheadings 3907.6 with effect from 19 May 2020.
The duty levels are as follows:
|Chinese producer||Anti-dumping duty|
|Jiangsu Sanfangxiang Group||No AD duties|
|Zhejiang Wankai New Materials Co.Ltd||28.26%|
|Far Eastern Industries (Shangai) Ltd||26.26%|
|Residual Duty (all other exporters)||28.89%|
This comes after a 15% customs duty was imposed on 30 March 2020.
The anti-dumping duties will remain in place for five years.