Dumping down

From: Supply Management | Date: March 17, 2005| Author: MacLean, Robert | Copyright information

European Union anti-dumping duties can slap a heavy tax bill on an otherwise profitable foreign supply deal. So make sure you know the risks and your rights, says Robert MacLean

IMAGINE THE SITUATION. AFTER protracted negotiations with a supplier in the Far East, you have secured competitively priced products for your company. Then a letter arrives from HM Customs & Excise containing an assessment for European Union "anti-dumping" duties. These charges are for 50 per cent of the va...

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