Are your imports subject to dumping?
In 2013, the Australian Government undertook huge reforms of the anti-dumping and countervailing system. It is recommended that you understand what dumping is all about and its implications, prior to making your foreign purchasing decisions.
What is dumping?
What is subsidisation??
What is Anti-dumping???
Dumping occurs when an exporter sells goods to Australia at a price that is below the 'normal value' of the goods. The normal value will usually be the domestic price of the goods in the country of export. Dumping is not prohibited under the WTO international agreement, however anti-dumping duties may be imposed when dumping causes, or threatens to cause, material damage to an Australian industry.
Subsidisation occurs when imported goods benefit from government financial assistance in the country of export. Subsidies can be in the form of loans, grants, tax incentives etc... Countervailing duties may be imposed when subsidisation causes, or threatens to cause, material injury to an Australian industry.
Anti-dumping is the imposition of a measure by the Australian government, in the form of an additional duty on imports and/or a minimum export price, to remedy material injury to Australian manufacturers caused by dumping and/or subsidisation.
Below is a current list of Goods subject to dumping and/or countervailing measures. If your imports are listed on the below commodities register, it is wise to talk to us, to work out if dumping duties are payable. Heavy penalties may apply to importers who attempt to circumvent dumping duties.
More info can be found from the Anti-Dumping Commission website.