[Provisional Translation]
January 31, 2023
Ministry of Finance
Decision to Extend the Taxable Period of Anti-Dumping Duties on Polyethylene Terephthalate with a High Degree of Polymerization Originating in the People’s Republic of China
Today, the Cabinet has enacted a Cabinet Order to extend the taxable period of anti-dumping duties on polyethylene terephthalate with a high degree of polymerization originating in the People’s Republic of China*1.
The objective of enacting this Cabinet Order is to extend the current taxable period, from December 28, 2017, to December 27, 2022*2, of anti-dumping duties on polyethylene terephthalate with a high degree of polymerization originating in the People’s Republic of China, since the expiry review, carried out upon the receipt of the application requesting the extension of the current taxable period of anti-dumping duties, showed that the expiry of the duty would be likely to lead to a recurrence of the fact of dumping and the fact of injury caused by dumped imports to the domestic industry.
The Cabinet Order will be made public on February 3, 2023, and will extend the taxable period until February 2, 2028.
*1: Excluding the regions of Hong Kong, China and Macao, China.
*2: Based on paragraph 29 of Article 8 of the Customs Tariff Law, the current anti-dumping duties will keep being imposed by the date (February 3, 2023) of finalization of the review, which was initiated on February 10, 2022.
Background
- The Government of Japan has initiated imposing the anti-dumping duties on polyethylene terephthalate with a high degree of polymerization originating in the People’s Republic of China (The rates of the anti-dumping duties: 39.8% - 53.0%) respectively, where the taxable period is from December 28, 2017, to December 27, 2022.
- The Government of Japan initiated the review in February 2022, upon the receipt of the application requesting the extension of the current taxable period of the anti-dumping duties on polyethylene terephthalate with a high degree of polymerization originating in the People’s Republic of China in December 2021.
- On January 24, 2023, the Trade Remedy Subcommittee, the Customs and Tariff Committee, the Council on Customs, Tariff, Foreign Exchange and Other Transactions reported that it was appropriate to extend the taxable period of anti-dumping duties on polyethylene terephthalate with a high degree of polymerization originating in the People’s Republic of China for five years, based on the review carried out by the Government of Japan.
Reference
The Trade Remedy Subcommittee, the Customs and Tariff Committee, the Council on Customs, Tariff, Foreign Exchange and Other Transactions: Materials and Report (Japanese)