According to the China Rubber Industry Association, the US Department of Commerce selected Shandong Yongsheng Rubber Group Co., Ltd. and Fujian Jiatong Tire Co., Ltd. as two mandatory responding companies in the anti-subsidy investigation process on August 14 and issued a tire countervailing case. Questionnaire.
The basis for this choice is that, according to US Customs import data for Chinese companies, the two companies' exports to the United States ranked the top two in China in the 2013 ranking. The US Department of Commerce said that unless there are withdrawals from the two mandatory responding companies, they will not accept any other companies' voluntary application (there are four companies from Cooper, South China, Zhaoqing and Jianda who submitted voluntary applications) .
In the definition of the product involved at the beginning of the countervailing questionnaire, the US Department of Commerce continued the scope of the product in the announcement, and did not explicitly exclude the ST tire (trailer tire). The US Department of Commerce will select 2-3 mandatory responding companies in the anti-dumping investigation process in the next few working days.
In the countervailing investigation, the next work of domestic enterprises, except for the companies that are drawn, need to submit the answers according to the prescribed deadlines. The remaining companies that have not been drawn need not submit any answers unless the US Department of Commerce has a special questionnaire ( For example, the surprise export questionnaire.
In the anti-dumping investigation work, the companies that have submitted the questionnaire will then answer the SRA (Differential Tax Rate Application). In addition, individual companies that are drawn to mandatory responding companies will need to fill in more questionnaires.
According to Xu Wenying, secretary-general of China Rubber Industry Association, the role of mandatory responding companies in responding to “double-reverse†is very important. The “double-reverse†tax rate determined by the company is related to the average tax rate of other responding enterprises in the whole industry. Companies that do not participate in responding will suffer a higher punitive tax rate.
It is understood that the two mandatory responding companies have chosen experienced law firms and are seriously filling out the countervailing questionnaire to strive for a lower countervailing duty rate.
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