Anti-dumping duty
Also called: AD duty · ADD · damping önlemi
An additional duty imposed on imports sold at prices below their normal value in the exporting country, when this causes injury to domestic industry. Duties are set after an investigation and often differ by exporting company, with a residual rate for others. They usually last five years and can be extended after an expiry review.
In practice
Rates can exceed the product's normal duty many times, so checking whether an anti-dumping measure applies to the product and producer is essential before signing a supply contract.
Related terms
- Countervailing duty
- An additional duty that offsets subsidies granted by a foreign government to producers or exporters, when subsidised imports injure domestic…
- Safeguard measure
- A temporary restriction, such as extra duty or a tariff quota, applied to imports of a product from all sources when a sudden increase seriously…
- Circumvention
- Changing the pattern of trade to avoid a trade-remedy duty without real economic justification, for example by assembling goods in a third country or…
- TARIC additional code
- A four-character code entered alongside the TARIC code when a measure depends on something other than the product itself, for example the producing…
- Non-preferential origin
- Origin determined by the general rules of a customs territory, independent of any trade agreement. In the EU, goods produced in more than one country…