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Warning! Customs requires securities for duties on ARW from the PRC


Many of you would be aware of the developments with the investigation regarding the proposed imposition of dumping and countervailing duties on Aluminium Road Wheels (“ARW”) exported from the PRC.

 

Most recently this included the issue by Customs of a Statement of Essential Facts (“SEF”) for comment which included the proposed recommendations by Customs that such measures should be imposed.  Interested parties were invited to make further submissions on the SEF and the proposed recommendations.  Following those submissions, a report to the Minister from Customs was due to be made by 12  June 2012 including recommended measures for consideration by the Minister.  The Minister would then be in a position to accept (likely) or reject (unlikely) the proposed measures as set out in the report and impose such measures.

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