The Ministry of Industry and Trade promulgates the Decision to apply anti -evasion measures for PVTM to cane sugar

The Ministry of Industry and Trade promulgates the Decision to apply anti -evasion measures for PVTM to cane sugar

The Ministry of Industry and Trade issued a Decision to apply measures to prevent trade tax evasion on cane sugar

August 1, 2022, The Ministry of Industry and Trade issued Decision No. 1514/QD-BCT applying measures to prevent evasion of trade remedies for a number of cane sugar products imported from the Kingdom of Cambodia., Republic of Indonesia, Lao People's Democratic Republic, Malaysia and the Federal Republic of Myanmar.

Accordingly, to ensure a fair competitive environment between domestically produced and imported goods, protect the legitimate interests of domestic producers and sugarcane growers, Sugar imported from 5 ASEAN countries and using Thai sugar materials will be subject to anti-measures – Dumping tax and anti-subsidy tax apply to Thai sugar with a total tax rate of 47,64%, in there, Anti-dumping tax is 42,99% and anti-subsidy tax is 4,65%.

Sugar imported from 5 countries, if proven to be produced from local sugar cane, will not be subject to anti-evasion measures..

The anti-circumvention measures will take effect seven days from the date of issuance of the decision until June 15, 2026., except in cases where it is changed or extended according to other decisions of the Ministry of Industry and Trade.

According to the Ministry, The decision is issued on the basis of an objective investigation process, transparent, in accordance with domestic law and international commitments.

Decision details: https://trungtamwto.vn/file/21863/qd-1514.pdf

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