Vietnam exempts new local companies from safeguard duty on color-coated sheet imports

Tuesday, 05 September 2017 15:59:49 (GMT+3)   |   Istanbul
       

Vietnam's Ministry of Industry and Trade (MOIT) has announced that it has decided to exempt four more local companies from the safeguard duty imposed on color-coated steel sheet imports into Vietnam in addition the previously announced nine local companies.

In May this year, the MOIT introduced import quotas for color-coated steel sheet imports and also calculated a safeguard duty of 19 percent for the countries exceeding the annual quota.

The products in question are color-coated steel sheets of alloy or non-alloy steel, cold-rolled, coated or zinc-coated and pre-painted galvanized steel sheets, currently classified under Harmonized System Code Numbers 7210.7010, 7210.7090, 7212.4010, 7212.4020, 7212.4090, 7225.9990, 7226.9919 and 7226.9999.

The Vietnamese companies to be exempted from the safeguard duty on color-coated steel sheet imports are listed below: 

Companies

Exemption quota mt

Tan Ha Educational Equipment Co., Ltd

315.05

Deasun Vina Company Limited

686.68

Ton Truong Thang Production and Trading Co., Ltd

121.05

Superior Multi-Packing VN Co., Ltd

1,008


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