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Vietnamese granite exports to Turkey face anti-dumping duty

Vietnamese granite exports to Turkey face anti-dumping duty

Wednesday, February 24, 2016, 10:50 GMT+7

Turkey has finalized its decision to impose an anti-dumping tax of US$174 per metric ton on granite imports of Vietnamese origin.

The Vietnamese Ministry of Industry and Trade said Tuesday that the decision came as a result of a year-long investigation conducted by Turkey’s Ministry of Economy into a list of Vietnamese granite exporters suspected of tax avoidance.

The tax was previously intended for Chinese granite only, but suspicious actions by Vietnamese exporters led to further inspection by Turkish authorities.

In its final report, the Turkish Ministry of Economy listed five Vietnamese exporters that cooperated with inspectors, two of which were able to provide satisfactory proof of the Vietnamese origin of their products.

The other three were deemed to have manufacturing bases in Vietnam, but lacked the proper authentication on some documents.

The remaining companies that came under scrutiny were considered uncooperative due to their failure to finish the questionnaire or provide inspectors with sufficient information, in which case only the available data was used for investigation.

On the basis of that available data and on-the-spot examination results, Turkish authorities arrived at the conclusion that Vietnamese manufacturers and exporters are avoiding Turkey’s anti-dumping tax on Chinese granite.

As a result, the current tax imposed on Chinese granite ($174 per metric ton), as well as future adjustments to the duty, will also be applied to granite shipments from Vietnam.

This is not the first time Vietnamese companies have undergone tax avoidance inspections for China-related reasons.

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