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The US has not yet concluded the tax evasion case against Vietnam’s plywood and wooden cabinets ,august,2022

On the afternoon of August 23, 2022, the Vietnam Timber and Forest Products Association (VIFOREST) ​​released a press release providing information on two cases of the US Department of Commerce (DOC) investigating the evasion of trade remedies against trade remedies. with solid plywood and wooden cabinets (kitchen cabinet/bathroom cabinet) imported from Vietnam.

VIFOREST press release.

HARD Glue: Pending VIETNAM BUSINESS FEEDBACK

In a statement, VIFOREST said that in the past few days, a number of media did not know from any source that they gave false information about the development of the US lawsuit against the wood industry.

Specifically, a number of newspapers wrote: “The US Department of Commerce (DOC) has ruled that some hardwood plywood and veneer products exported by Vietnam are actually of Chinese origin, in order to avoid tax. anti-dumping. As a result, these items will be subject to tariffs as high as 200%.”

The US has not yet concluded the tax evasion case against Vietnam's plywood and wooden cabinets - Photo 2

VIFOREST confirms that the above information is not true.

In order to provide accurate information, avoid misleading, affect the image, adversely affect the reputation and brand of the wood industry to customers in the world market, the image of Vietnam’s wood industry To stakeholders and directly affect businesses in the industry, VIFOREST provides information on developments and details on two cases that the DOC is investigating to evade trade remedies against the items are solid plywood and wooden cabinets (specifically kitchen/bathroom cabinets).

According to VIFOREST, plywood using hardwood is a product made from layers of peeled wood glued together with glue, then covered with one or two layers of hardwood boards on the surface. The United States is applying anti-dumping duty (CBPG) and anti-subsidy tax (CTC) to this Chinese product with anti-dumping tax rate of 183.36% and CTC tax from 22.98% to 194.90% .

On June 17, 2020, on the basis of accusations from the US domestic industry, the DOC initiated an investigation to circumvent trade remedies with Vietnam’s hardwood plywood products to ensure the actual effectiveness of the trade remedies. enforcement of trade remedy measures being applied to China’s hardwood plywood.

On July 25, 2022, the DOC announced the preliminary conclusion of the investigation of evasion of trade remedies against hardwood plywood imported from Vietnam.

DOC’s preliminary conclusion is that plywood from Vietnam, if it has a core using peeled boards imported from China, will be subject to anti-dumping and anti-dumping duties as is applied to plywood imported from China. Plywood from Vietnam, if it has a core using peeled boards manufactured in Vietnam or in other countries, is not subject to anti-dumping and anti-subsidy tax. .

Based on this preliminary finding, the DOC will recommend that U.S. Customs and Border Protection (CBP) continue to suspend liquidity and require importers to pay a deposit equal to the provisional anti-circumvention tax rate for the company. with shipments imported from Vietnam into the United States from June 17, 2020 (the date of notification of initiation of investigation) for cases subject to the application of measures.

“According to the latest announcement, the DOC has extended the time limit for issuing the final conclusion in the case of investigating Vietnamese plywood until October 17, 2022.”

Mr. Do Xuan Lap, Chairman of VIFOREST.

The DOC allows Vietnamese exporters as well as US importers participating in the self-certification mechanism to be excluded from circumvention. This self-certification mechanism will not apply to businesses that the DOC assesses as failing to provide information or providing incomplete or inaccurate information as requested by the DOC during the investigation.

According to calculations, the number of enterprises participating in self-certification accounted for about 80% of Vietnam’s export turnover during the investigation period.

Stakeholders have the right to submit written comments on the DOC’s preliminary findings, and a written request for a hearing on the comments must be filed with the DOC within 30 days of the notice. preliminary report. The DOC also plans to conduct due diligence to verify the information before issuing a final conclusion.

VIFOREST has coordinated with the Trade Remedies Administration to send comments from the Association and the Ministry of Industry and Trade on this preliminary conclusion to the DOC to support businesses and guide relevant businesses on regulations. DOC follow-up investigation.

Thus, up to this point (August 22, 2022), DOC has not made a final decision that Vietnam’s hardwood plywood products exported to the US are subject to anti-dumping and anti-dumping duties.

WOODEN SHOCKET: DOC Refused to COMMENT OF 40 BUSINESSES

Regarding the case of DOC investigating the evasion of trade remedies against wooden cabinets (specifically kitchen cabinets/bathroom cabinets) imported from Vietnam, VIFOREST said on May 24, 2022, DOC initiated the investigation. Scope Ruling and on June 7, 2022, DOC initiated an investigation to avoid trade remedy tax (Anti-circumvention) with wooden cabinets imported from Vietnam and Malaysia.

“VIFOREST wants the press agencies to cooperate and share information fully, accurately reflecting the facts, so as not to affect the production activities of thousands of businesses in and as well as hundreds of thousands of employees. The wood industry is currently facing many difficulties after the impact of Covid and is currently facing an inflationary economic situation in the main export markets.

Mr. Do Xuan Lap, Chairman of VIFOREST.

Under the new US regulations, within 300 days of initiation, the DOC must issue a final conclusion of the case, which can be extended, but the total time cannot exceed 365 days.

VIFOREST has coordinated with the Trade Remedies Authority (Ministry of Industry and Trade) to submit comments from the Association and the Ministry of Industry and Trade on the wooden cabinet case to the DOC to support businesses, and at the same time guide related businesses to comply. regulations and investigation procedures of the DOC. The submission of comments by interested businesses is voluntary, not required under the provisions of the DOC.

On August 4, 2022, the DOC announced that it had rejected the comments of 40 units due to late submission but no decision on tax imposition and the case is still under investigation.

With the above detailed and specific information about two cases of trade remedy evasion investigation conducted by the DOC, but no final decision has been made.

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