Lesser duty rule
Also called: LDR · düşük vergi kuralı
A practice under which anti-dumping or countervailing duty is set at the lower of the dumping or subsidy margin and the injury margin, if the lower amount is enough to remove injury. The EU applies it with exceptions, for example where raw material distortions exist, and the US does not apply it.
In practice
Exporters in EU cases can benefit from the rule, so injury calculations deserve as much attention as dumping calculations.
EU
UKRelated terms
- Injury margin
- The level of duty needed to remove the injury caused to the domestic industry by dumped or subsidised imports, typically based on the difference…
- Dumping margin
- The amount by which the export price of a product is lower than its normal value, usually the price on the exporter's home market or a constructed…
- Anti-dumping duty
- An additional duty imposed on imports sold at prices below their normal value in the exporting country, when this causes injury to domestic industry.…