President Asif Ali Zardari has approved the draft Law on Anti -Dumping duties (amendment) 2025, according to President Press Secretariat.
“After approval, the duties will enter into force as of July 1, 2020. The bill was sent to the President after being adopted by the National Assembly and the Senate,” said the press release on Sunday.
He added that the bill was approved to provide legal clarity regarding the imposition of anti -dumping tariffs on the projects financed by Chinese subsidies. The decision for this amendment was taken during the GWADAR project progress review meeting in October 2022.
Anti -dumping tariffs are special tariffs in imports sold below the fair value, aimed at restoring fair competition and protecting the national injury industry.
The amendment to the Anti -Dumping duties Law offers a retrospective effect on the exemptions of anti -dumping tariffs for imported products under foreign subsidies projects. Specifies that the exemptions introduced in 2022 will be applied as of July 1, 2020.
The change addresses the tasks charged during fiscal year 2020–21 and 2021–22 on imports for the Pak-China Friendship Hospital and the New Gwadar International Airport, both financed through Chinese subsidies.
Read: Duty on Galvalume Tax steel
The Ministry of Commerce had transferred the amendment in 2024. It was approved by the Cabinet Committee for the elimination of legislative cases in January 2025, ratified by the federal cabinet, and then approved by Parliament.
Duty on Galvalume Tax steel
Previously, The National Tariff Commission (NTC) raised an anti -dumping duty of 40.47% in Galvalume Steel.
The Commission has affirmed in its decision that the product was being used to undermine original anti -dumping measures. T
The NTC has completed the first anti-circum convention research of Pakistan for the application of commercial remedies. This matter also involved the choice of anti -dumping tariffs in galvanized steel through imports from Galvalume, a product that was modified slightly.
The choice refers to exporters or importers trying to avoid anti -dumping or compensatory tasks by making smaller modifications to a product.
They are enrolled through third countries or slightly change its composition to retain its essential commercial purpose. The national industry (International Steels and Aisha Steel Mills) had challenged it in the NTC through legal signatures. In 2017.
Pakistan imposed anti -dumping tariffs on coils and galvanized steel sheets imported from China by imposing tariffs ranging from 6.09% to 40.47%.
Pakistan extended these tasks in 2022 after a sunset review. The authorities in question indicated that Dumping and Injuries to the national industry continued during a review.
