Imported bicycles from Sri Lanka produced by City Cycle Industries (Anti-Dumping Duty 2257)
Duty on imports of certain bicycles produced by City Cycle Industries and consigned from Sri Lanka has been re-imposed.
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Anti-Dumping Duty is an Import Duty charged in addition to normal Customs Duty and is applied across the whole EU. It is designed to allow the 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.