Bicycles produced by Universal Cycle Corporation (Guangzhou) Co Ltd (Anti-Dumping Duty measure AD2425 amending AD2412)
Imposing anti-dumping duty retrospectively on imports from Universal Cycle Corporation (Guangzhou) Co Ltd.
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Anti-dumping duty is an import duty charged in addition to normal Customs Duty and is applied in the UK and across the whole EU.
It’s designed to allow the UK and EU to take action against goods that are sold at less than their normal value – that being defined as the price for ‘like goods’ sold in the exporter’s home market.