GCC makes final decision on safeguard measures for imported steel products
2021-06-04 13:37:47
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On 12 May, 2021, WTO Safeguard Measures Commission released the safeguard measures notification submitted by Bahrain on behalf of Gulf Cooperation Council (GCC).Asian Metal Copyright .Asian Metal Copyright GCC recommended imposing three-year safeguard measures tax on imported steel products based on CIF, namely 16% for the first year, 15.Asian Metal Copyright With the investigation period from 2014 to June 2019, the case involves metallic coated steel under tax numbers of 721030, 721049, 721069, 721220, 721230, 721250, 721260, 722591, 722592 and 722599, organic coated steel under tax number of 721240, reinforced steel bars and wire rod under tax numbers of 721310, 721320, 721391, 721399, 721410, 721430, 721510, 721550, 721590, 722710, 722720, 722810, 722820, 722840, 722850, 722860, 721710, 721720, 721730, 721790, 722100, 722300, 722920 and 722990, circular, square, and rectangular sticks and rods under tax numbers of 721491, 721499, 722211, 722219, 721610, 721631, 721632, 730810 and 730110, angles and shapes under tax numbers of 721621, 721650 and 730120, and welded and seamless pipes and tubes not including items for gas and oil under tax numbers of 730539, 730661, 730690, 730431, 730590, 730840 and 730890.Asian Metal Copyright2% for the second year and 14.Asian Metal Copyright GCC recommended imposing three-year safeguard measures tax on imported steel products based on CIF, namely 16% for the first year, 15.Asian Metal Copyright44% for the third year.Asian Metal CopyrightOn 12 May, 2021, WTO Safeguard Measures Commission released the safeguard measures notification submitted by Bahrain on behalf of Gulf Cooperation Council GCC.Asian Metal Copyright The tax will come into effect since the publishment at the official journal of TSAIP.Asian Metal Copyright2% for the second year and 14.Asian Metal Copyright With the investigation period from 2014 to June 2019, the case involves metallic coated steel under tax numbers of 721030, 721049, 721069, 721220, 721230, 721250, 721260, 722591, 722592 and 722599, organic coated steel under tax number of 721240, reinforced steel bars and wire rod under tax numbers of 721310, 721320, 721391, 721399, 721410, 721430, 721510, 721550, 721590, 722710, 722720, 722810, 722820, 722840, 722850, 722860, 721710, 721720, 721730, 721790, 722100, 722300, 722920 and 722990, circular, square, and rectangular sticks and rods under tax numbers of 721491, 721499, 722211, 722219, 721610, 721631, 721632, 730810 and 730110, angles and shapes under tax numbers of 721621, 721650 and 730120, and welded and seamless pipes and tubes not including items for gas and oil under tax numbers of 730539, 730661, 730690, 730431, 730590, 730840 and 730890.Asian Metal Copyright The tax will come into effect since the publishment at the official journal of TSAIP.Asian Metal Copyright The abovementioned safeguard measures are not applicable to such products imported from Hong Kong SAR, China, Macau SAR, China and Taiwan, China.
.Asian Metal Copyright With the investigation period from 2014 to June 2019, the case involves metallic coated steel under tax numbers of 721030, 721049, 721069, 721220, 721230, 721250, 721260, 722591, 722592 and 722599, organic coated steel under tax number of 721240, reinforced steel bars and wire rod under tax numbers of 721310, 721320, 721391, 721399, 721410, 721430, 721510, 721550, 721590, 722710, 722720, 722810, 722820, 722840, 722850, 722860, 721710, 721720, 721730, 721790, 722100, 722300, 722920 and 722990, circular, square, and rectangular sticks and rods under tax numbers of 721491, 721499, 722211, 722219, 721610, 721631, 721632, 730810 and 730110, angles and shapes under tax numbers of 721621, 721650 and 730120, and welded and seamless pipes and tubes not including items for gas and oil under tax numbers of 730539, 730661, 730690, 730431, 730590, 730840 and 730890Asian Metal Copyright