Wednesday, 03/06/2009 22:00

Canada imposes anti-dumping duties on Vietnam’s shoes

The Canada Border Services Agency (CBSA) has issued a preliminary ruling in favour of imposing anti-dumping duties on waterproof rubber-soled shoes imported from Vietnam, according to the Competition Administration Department under the Ministry of Industry and Trade.

A tax rate of 16 percent will be imposed on Vietnamese enterprises which have cooperated with Canada during the process of investigation. This is much lower than the 49 percent levied on those which did not cooperate with Canadian authorities.

Tax rates of over 5 percent and 27 percent will be imposed on the State-way Vietnam Shoes Co,Ltd and Vinh Long Company, respectively.

The Canada Border Services Agency is expected to issue a final ruling on August 26.

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