ZhongYin Represents a Client in India’s Anti-dumping Investigation against China’s PET and Wins the Final Decision of Lowest Rate Applicable to Chinese Companies
2021.01.02
Author: Zhong Yin Law Firm
On December 29, 2020, the Ministry of Commerce and Industry of India announced the final decision on India's anti-dumping investigation against China's polyethylene terephthalate (“PET”). In this case, the trade remedy team led by Jia Zheng, Director of International Trade Relief Department and Senior Partner of ZhongYin Law Firm, represented Wankai New Materials Co., Ltd., and won the final decision of lowest rate of 15.54 USD/ton (the rates applicable to other Chinese companies range from 60.9 USD/ton to 200.66 USD/ton). The rate applicable to Wankai is lower than 2%, which is one of the most favorable decisions won by Chinese companies in responding to India’s anti-dumping actions in recent years. On October 1, 2019, the Ministry of Commerce and Industry of India announced that it would initiate the anti-dumping investigation against the PET originating in China.
Since 2006, ZhongYin trade remedy team has represented more than 50 domestic companies in 33 anti-dumping and countervailing duty investigations initiated by India against China on sulphur black, ceftriaxone sodium, energy saving lamp, ceramic tile, radial tire structure, penicillin, carbon black, barium carbonate, SDH system, paracetamol, graphite electrode, FDY, gliclazide, albendazole, dichloromethane, PTA, aluminum foil, amoxicillin trihydrate, hot rolled steel, refined naphthalene, steel wire rod, ofloxacin carboxylic acid, ofloxacin, high-strength polyester yarn, zeolite powder, dimethylformamide, atrazine, PET, refrigerant and other products and has repeatedly won the favorable decision of “impose no duty or impose duty at the lowest rate”.
ZhongYin Trade Remedy and WTO Legal Service Center has a group of attorneys and accountants with fruitful theoretical results, extensive practical experience and excellent representing performance. Its practice covers anti-dumping, countervailing, safeguard measures, WTO negotiation and dispute resolution, trade barrier investigation, and trade-related investment measures, service trade, customs law, etc. The services of ZhongYin run through all stages of anti-dumping matters, including response and appeal in original investigation, various administrative review, judicial review, and taxation and tax-refund. The purpose of ZhongYin Trade Remedy and WTO Legal Service Center is: by making good use of various countries’ domestic laws and WTO rules, to defend the free trade rights of countries and enterprises, and safeguard the legitimate rights and interests of enterprises; and by taking “addressing enterprises’ needs” as its own mission, to build a world-class brand of trade remedy and WTO legal service.
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Jia Zheng
jiazheng@zhongyinlawyer.com
-Member of Management Committee
-Senior partner