US issues conclusion on tax evasion investigation of Vietnamese steel pipe products
The United States’ Department of Commerce (DOC) has issued a conclusion of its investigation into trade remedy tax evasion on a number of steel pipe products imported from Vietnam, which was launched on August 4, 2022 targeting steel pipes codes HS 7306.61 and 7306.30, according to the Ministry of Industry and Trade.
US issues conclusion on tax evasion investigation of Vietnamese steel pipe products (Photo: VNA)
Hanoi (VNA) – The United States’ Department of C🐬ommerce (DOC) has issued aconclusion of its investigation into trade remedy tax evasion on a number ofsteel pipe products imported from Vietnam, which was launched on August 4, 2022 targeting steel pipes codes HS 7306.61 and 7306.30, according to💮 the Ministry of Industry and Trade.
The investigation was prompted by accusations that Vietnamese steel makers imported hot rolled steel (HRS), themain raw material used to produce steel pipes, from mainland China, Taiwan(China), the Republic of Korea, and India, and then processed it into steelpipes for export to the US. Firms making the accusation believe that Vietnameseprocessors had done so in order to evade the respective trade remedy tax thatthe US is levying on the aforementioned countries.
On August 3 this year, the DOC concluded that certain circular welded carbon steel pipes and circular welded non-alloy steel pipe which were imported from Vietnam did not evade anti-dumping and countervailing duties that the US is currently applying to similar products from Taiwan (China), due to the fact that these products did not use hot-rolled steel (HRS)sourced from Taiwan.
Then on November 9, the DOC issued final conclusions on the remaining investigated steel pipe products saying that Vietnamese makers of those products had evaded the anti-dumping/countervailing duties imposed by the US onChina, Taiwan (China), the Republic of Korea, and India.
The Ministry🐲 of Industry and Trade noted t🥃hat the DOC, however, allowed Vietnamese exporters toparticipate in the self-certification mechanism to confirm that they do not useHRS originating from China, Taiwan (China), the Republic of Korea, and India tobe exempt from the measures./.
The US Department of Commerce (DOC) announced that it has launched a trade remedy duty evasion investigation into a number of steel pipe products imported from Vietnam.
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The US Department of Commerce (DOC) has issued its final determination that certain imported products from Vietnam do not evade the anti-dumping and countervailing duties that the US is applying to similar items from Taiwan due to the fact that these products do not use hot-rolled steel (HRS) sourced from Taiwan (China), announced the Trade Remedies Authority of Vietnam.
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US issues conclusion on tax evasion investigation of Vietnamese steel pipe products (Photo: VNA) 
