Regulation Update
Anti-Dumping Duties of BOPET from India, China and Thailand are Extended

Wednesday, 10 February 2021

Anti-Dumping Duties of BOPET from India, China and Thailand are Extended

JAKARTA. The government extended the deadline for imposition of anti-dumping duties on imports of Biaxially Oriented Polyethylene Terephthalate (BOPET) from India, China, and Thailand.

Anti-dumping duties are additional of general import duties or Most Favored Nation (MFN) or in the form of additional preferential import duties based on a trade agreement scheme.

Previously, anti-dumping imposition on plastic raw materials had been imposed for five years from December 2015 to December 2020.

Based on Minister of Finance Regulation (PMK) Number 11 / PMK.010 / 2021, the imposition of anti-dumping import duties is extended for five years, since the provisions come into effect on 16 February 2021.

This extension was carried out based on the results of an investigation conducted by the Indonesian Anti Dumping Committee (KADI) since 30 September 2019. The investigation concluded that the imposition of anti-dumping duties was still necessary to protect the domestic industry.

In more detail in this provision, it is explained that anti-dumping duties are imposed for imported BOPET in the form of plates, sheets, film, foil, and other strips.

Including BOPET from plastics, non-cellular and non-reinforced, non-laminated, and not combined with other materials included in the tariff posts ex 3920.62.10 and ex 3920.62.90.

The amount of import duty tariff charged varies depending on the name of the company and its country of origin:

No Country of Origin Exporter/Importer Tarif
1 India SRF Limited 8,5%
    Vacmet India Limited 4,0%
    Jindal Poly Films Limited 6,8%
    Ester Industries Limited 4,5%
    Other companies 8,5%
2 China Shaoxing Xiangyu Green 2,6%
    Other companies 10,6%
3 Thailand SRF Industries (Thailand) Limited 5,4%
    Polyplex (Thailand) Public Company Limited 2,2%
    A.J Plast Public Company Limited 7,1%
    Other companies 7,1%


Related


Global Recognition
Global Recognition | Word Tax     Global Recognition | Word TP
Contact Us

Jakarta
MUC Building
Jl. TB Simatupang 15
Jakarta Selatan 12530

+6221-788-37-111 (Hunting)

+6221-788-37-666 (Fax)

Surabaya
Graha Pena 15th floor
Jl. Ahmad Yani 88
Surabaya 60231

+6231-828-42-56 (Hunting)

+6231-828-38-84 (Fax)

Subscribe

For more updates and information, drop us an email or phone number.



© 2020. PT Multi Utama Consultindo. All Rights Reserved.