The decision has been made to impose securities between
19% and 61% on imports of Chinese produced deep drawn stainless
steel sinks.
This decision reflects a preliminary finding by the Anti-Dumping
Commission that Chinese steel sinks have been dumped causing
material injury to the Australian manufacturing industry. While
only preliminary, the finding increases the likelihood that dumping
duties will ultimately be imposed.
Until the decision has been finalised, a security must be
provided in respect of the affected imports.
If dumping duties are imposed, the provided security will be
converted to an interim dumping duty and become payable. The amount
of duty paid will be the lower of either the security held, or the
final dumping duty actually imposed. If no duties are imposed, the
security will be released.
