Anti-dumping duty (dumping) is a type of duty levied by the customs authorities of the EAEU member states, regardless of the import customs duty.
When is this duty applied when the imported goods cause damage to any branch of the economy of the EAEU member states? In order for a product to be considered subject to dumping duty, several factors must be taken into account. For example, that the evidence should confirm the deterioration of any branch of the economy by importing goods. The evidence may also be expressed in a reduction in the volume of production of a similar product in the Member States and the volume of its sale on the market of the member States, a decrease in the profitability of the production of this product, etc.
Thus, the anti-dumping duty (dumping) is applied in the EAEU to regulate and protect the Union's commodity market. By applying this duty, the EAEU is trying to introduce a balance between its own production of some goods and their import by certain tariff measures. As we understood, in favor of goods produced in any branch of the economy of the member countries. Therefore, access to certain types of goods from some countries is restricted for this purpose.
The anti-dumping duty in most cases depends on several factors. Firstly, it depends on the type of goods, its HS code, submitted to the customs authorities. But the country of origin of the product, where it was produced, also plays an essential role.
There are cases when, when presenting the certificate of origin of goods to the customs authorities in its original form, it is possible to be exempted from the anti-dumping duty or to pay it with less interest.
By the way, its non-payment or payment of less than the originally established interest is financially quite important, since the anti-dumping duty has quite large percentages.
If you have a product for which you have to pay an anti-dumping duty when importing to Armenia or another EAEU member state, or you have concerns that the imported goods may be subject to anti-dumping duty, then remember. Before it reaches the customs authorities, contact the customs authorities, get advice on the anti-dumping duty and its percentages.
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