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October 20, 2012

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Customs seeks deposits from Nissan

CHINA'S customs yesterday said it will demand Nissan North America Inc pay cash deposits for possible anti-dumping and countervailing duties on certain cars exported into the country.

The General Administration of Customs statement came after the Ministry of Commerce on Thursday announced a decision to initiate a new exporter review on anti-dumping and countervailing duties on Nissan products made in the United States.

In December 2011, China started imposing two-year anti-dumping duties ranging from 2-21.5 percent and countervailing duties of 6.2-12.9 percent on sedans and sport utility vehicles with engines of 2.5 liters or greater displacement imported from the US.




 

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