Stainless steel bars and rods from India (anti-dumping duty 2387)
Suspension of countervailing duty on stainless steel bars and rods originating in India from 30 January 2020 to 31 January 2020.
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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.