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Decision to Extend the Taxable Period of Anti-Dumping Duties on Potassium Hydroxide Originating in the Republic of Korea and the People’s Republic of China

Japanese

August 10, 2021

External Economic Policy

Today, the Cabinet has enacted a Cabinet Order to extend the taxable period of anti-dumping duties on potassium hydroxide originating in both the Republic of Korea and the People’s Republic of China.

1. Background

The Government of Japan initiated anti-dumping duties on potassium hydroxide originating in the Republic of Korea (49.5%) and the People’s Republic of China(*1) (73.7%), where the taxable period is from August 9, 2016 to August 8, 2021.
In August 2020, the Government of Japan initiated a review upon the receipt of an application in July 2020, requesting the extension of the current taxable period of the anti-dumping duties on potassium hydroxide originating in the Republic of Korea and the People’s Republic of China.

On August 2, 2021, the Special Duty Group of the Customs Tariff Sub-council of 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 potassium hydroxide originating in the Republic of Korea and the People’s Republic of China for five years, based on the review carried out by the Government of Japan.

*1: Excluding the regions of Hong Kong and Macao.

2. Outline of the Cabinet Order

The objective of enacting this Cabinet Order is to extend the current taxable period, from August 9, 2016 to August 8, 2021(*2), of anti-dumping duties on potassium hydroxide originating in the Republic of Korea and the People’s Republic of China, based on the fact that the authority determined, in the review carried out upon the receipt of the application requesting the extension of the current taxable period of anti-dumping duties, that the expiry of the duty would be likely to lead to continuation or reoccurrence of dumping and injury to the domestic industry.

*2: Based on paragraph 29 of Article 8 of the Customs Tariff Law, the current anti-dumping duties will continue to be imposed until the date (August 13, 2021) of finalization of the review, which was initiated on August 31, 2020.

3. Next Steps

The Cabinet Order will be made in public on August 13, 2021, and will extend the taxable period until August 12, 2026.

Division in Charge