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Anti Dumping Duty ADD
August 17, 2021, admin

Anti-Dumping Duty (ADD) | CUSTOMS ACRONYMS & GLOSSARY

Introduction

  • Anti-dumping duty is an import duty charged in addition to normal Customs Duty and applies across the UK and the whole EU. It allows the UK and EU to take action against goods sold at less than their normal value, defined as the price for ‘like goods’ sold in the exporter’s home market. This is to ensure that the import of the goods couldn’t flood the market and threaten UK manufacturers.

  • Anti-dumping duties are imposed on goods that are ‘dumped’ in the United Kingdom and elsewhere in the European Union. Dumping occurs when overseas exporters offer items at a cheaper price than the market rate in their own country. They may do so to expedite the sale of goods through exports, but this might have a detrimental effect on the importing country’s domestic markets if not supervised.

  • The EU also imposes anti-dumping duties in an attempt to ‘countervail’ imports that potentially affect the UK sector. This tariff increases the cost of certain imported products. The goal is to stimulate domestic trade in certain commodities they believe require a boost or to retain an existing domestic sector.

Provisional ADD

This may be imposed while the case is being fully investigated. It can be imposed no earlier than 60 days from the initiation of proceedings, but no later than 9 months from initiation. At the end of the investigation, the provisional ADD may be made definitive, may lapse or be cancelled. You must pay provisional ADD by either a cash deposit or guarantee.

What is circumvention in the context of ADD

  • This is where the pattern of trade between third countries and the EU is changed specifically to get around any anti-dumping provision that has been applied.

  • There will be evidence that the intended remedial effects of the ADD are being undermined in terms of the prices and/or quantities of products being imported.

  • Anti-dumping measures imposed under Regulation (EU) 2016/1036 may be extended to imports from third countries of like products or parts.

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