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- 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
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
January 31, 2023
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. The Cabinet Order will be made public on February 3, 2023, to extend the taxable period until February 2, 2028.
1.Background
The Government of Japan has initiated the imposition of 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 are 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 a review carried out by the Government of Japan.
Reference:
2.Outline of the Cabinet Order
The objective of enacting this Cabinet Order is to extend the current taxable period, from December 28, 2017 to December 27, 2022,* 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 duties 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.
3.Next Steps
The Cabinet Order will be made public on February 3, 2023, to extend the taxable period until February 2, 2028.
Division in Charge
- Office for Trade Remedy Investigations, Trade Control Department, Trade and Economic Cooperation Bureau
- Material Industries Division, Manufacturing Industries Bureau