Steel mesh. Countervailing duty.
The Ministry of the Economy published in the Official Journal of the Federation the FINAL resolution of the administrative procedure for the examination of the validity of the countervailing duty imposed on imports of galvanized mesh or fabric of coal steel wire, in the form of a grid, originating in the People’s Republic of China.
It should be noted that the decision in question is preceded by the Final Resolution of the anti-dumping investigation concerning imports of galvanised mesh or galvanised fabric of coal steel wire in the form of a grid (“steel mesh”) originating in the People’s Republic of China which was published in the Official Journal of the Federation since 9 October 2014 and in which it was determined to impose a definitive countervailing duty of USD 2.08 per kilogram.
Through the publication of the notice on the validity of countervailing quotas dated 11 September 2018, domestic producers and any person having a legal interest were informed, that the definitive countervailing duties imposed would be eliminated as from the date of their expiration.
At this stage, the company Deacero, S.A.P.I. de C.V., expressed its interest in the Ministry of Economy to begin the review of the validity of the compensatory contribution in comment, reason why on September 27, 2019 the resolution to start the review of the validity of these quotas was published in the Official Journal of the Federation.
Having discharged and concluded the examination procedure for the validity of the countervailing duty imposed on imports of galvanised mesh or fabric of carbon steel wire, in the form of grids, with measures from 2×2 to 8×8 originating in China, that enter through the tariff fractions 7314.19.02 and 7314.19.03 of the Law on General Import and Export Taxes (TIGIE), THE SECRETARY OF ECONOMY DECIDED TO EXTEND ITS VALIDITY FOR ANOTHER FIVE YEARS, COUNTED FROM 10 OCTOBER 2019.
LEGAL NOTICE
The main purpose of this information is to provide guidance to the general public. It does not replace the provisions of applicable law. Nor does it replace the specialized legal advice or consultancy that can be offered by any of the lawyers and/or accountants of Bandala | Díaz | García
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