Laws of the People's Republic of China

Announcement No.72, 2006 of the General Administration of Customs of the People's Republic of China

No.72, 2006

In accordance with Anti-dumping Regulations of the People's Republic of China, the Tariff Committee of the State Council decided to impose anti-dumping duties on imported hydrazine hydrate products originated from Japan, South Korea, the US and France as from Jun 17, 2005, the duration of which is 5 years. To this end General Administration of Customs released Announcement No.26, 2006 in accordance with decision of the Tariff Committee of the State Council and relevant announcement released by Ministry of Commerce, clarifying related regulations on implementation of anti-dumping measures. Recently a part of domestic follow-up enterprises of hydrazine hydrate and overseas major exporter, French company Arkema submitted application to Ministry of Commerce, applying not to impose anti-dumping duties on 100% hydrazine hydrate products. Upon investigation, Ministry of Commerce signed price commitment with French company Arkema, and released Announcement No.94. Related matters in the implementation are now announced as follows:

1.

as from Dec 15, 2006, in case the declared prices of imported 100% hydrazine hydrate products originated from French company Arkema are not lower than negotiated reference prices in the commitment (hereinafter referred to as "negotiated reference price") and comply with Article 2 of this Announcement, Customs will impose customs duties and VAT of import link in line with current regulations, and anti-dumping duties will be exempted. However, incase the declared prices is not lower than negotiated reference price, besides the customs duties and VAT of import link, Customs will levy anti-damping duties in line with rate stipulated in Announcement No.26, 2005 of General Administration of Customs.

2.

Importers importing 100% hydrazine hydrate products originated from French company Arkema must provide certificate of origin and commercial invoices from the original manufacturer besides the export certification from Arkema. As regards those can provide certificate of origin and commercial invoices, but fail to provide export certification, Customs will levy anti-damping duties in line with rate stipulated in Announcement No.26, 2005 of General Administration of Customs no matter declared prices are lower that negotiated reference prices or not.

3.

Related issues on anti-dumping duties on imported 100% hydrazine hydrate products originated from French company Arkema of processing trade bonded import are subject to Announcement No.9, 2001 of General Administration of Customs of the People's Republic of China and Decree No.111 of General Administration of Customs of the People's Republic of China.

4.

Related matters on hydrazine hydrate products originated from French company Arkema of other concentration rate are subject to Announcement No.26, 2005 of General Administration of Customs.

Appendix: Announcement No.94, 2006 of Ministry of Commerce of the People's Republic of China (Please refer to China Foreign Trade and Economic Cooperation Gazette [Issue No.78, 2006])

The General Administration of Customs

Dec 12, 2006