Trade remedies notice: provisional anti-dumping duty on certain engine oils and hydraulic fluids from Lithuania and the United Arab Emirates (UAE)
The Secretary of State for Business and Trade is applying provisional anti-dumping duties on certain engine oils and hydraulic fluids from Lithuania and the UAE.
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The Secretary of State for Business and Trade has accepted a recommendation made by the Trade Remedies Authority (TRA), and is giving effect to that recommendation, under paragraph 15(5) of Schedule 4 to the Taxation (Cross-border Trade) Act 2018 (‘the Act’) to apply a provisional anti-dumping duty on certain engine oils and hydraulic fluids from Lithuania and the UAE.
This will require UK importers to obtain a bank guarantee, secure a bond or pay a cash deposit equal to the provisional duty against their customs declaration.