Cement News tagged under: import duty
Ukraine set to introduce new antidumping duties on imports23 May 2019, Published under Cement NewsUkraine’s interdepartmental commission for international trade has decided to introduce antidumping duties on imported cement clinker and Portland cement of 115 per cent for goods originating in Russia, 57 per cent for Belarus and 94.5 per cent for Moldova, according to the Economic Development and Trade Ministry. The duties will reportedly be levied for five years. The final antidumping duty will be charged as a percentage of the customs value and in addition to the import duty. The duty ... |
BCMA requests reduction in clinker import duty23 April 2019, Published under Cement NewsThe Bangladesh Cement Manufacturers Association (BCMA) has requested a reduction in the specific rate duty on clinker imports to either BDT200/t (US$2.37/t) or a fixed duty of five per cent. Cement manufacturers currently pay BDT500/t, according to the Dhaka Tribune. "Usually, the government imposes five per cent import duties on any basic raw material for industries, but the cement industry pays specific taxes higher than the five per cent," the BCMA stated in a letter to the National Boa... |
CCJ rules in favour of reducing tax on imported hydraulic cement18 April 2019, Published under Cement NewsThe Caribbean Court of Justice (CCJ) has ruled that the regional tax, known as the Common External Tariff (CET), payable on cement categorised as ‘other hydraulic cement’ should be set at five per cent. The ruling endorses a rate that is a fraction of the 60 per cent tariff that Barbados-based Rock Hard Cement had once paid on imports from Portugal and Turkey, according to the Jamaica Gleaner. In 2001, Caricom’s Council for Trade and Economic Development (COTED) had granted Barbados an ex... |
Pakistan's government urged to drop coal import duty03 April 2018, Published under Cement NewsThe Federation of Pakistan Chambers of Commerce & Industry (FPCCI) has requested the government to allow duty free import of coal for the benefit of power generation and cement and other industry. Syed Mazhar Ali Nasir, Senior Vice President of the FPCCI, has urged the Miftah Ismail, Advisor to Prime Minister on Finance, Revenue and Economic Affairs, and Federal Minister for Commerce, Muhammad Pervaiz Malik, to withdraw the five per cent import duty on coal and allow its duty-free imports... |
Pakistan: APCMA calls for higher duty on Iranian cement imports30 January 2017, Published under Cement NewsAll Pakistan Cement Manufacturers Association (APCMA) is urging the government to put a 20 per cent import duty on Iranian cement, claiming that Iranian producers are "dumping" the building material in border markets. "The local market in areas adjacent to the Iranian border and the coastal area of Balochistan are flooded with Iranian cement. Domestically produced cement is losing its markets, as it is unable to compete with Iranian offerings due to their duty and tax evasions," PCMA's Cha... |
Bangladesh seeks duty-free export to Nepal01 July 2016, Published under Cement NewsIn an attempt to boost bilateral trade, the Bangladeshi government is discussing the possibility of duty-free export of cement and other commodities with the Nepalese government. In total, Bangladesh has demanded duty-free access of 56 items and commodities to Nepal, including cement, construction materials, plastic goods and certain food items. In return Nepal demanded duty-free import of machine-processed writing paper, according to the Ministry of Commerce. According to official Nep... |
Saman Cement's MD angered by Iraq's high import duties23 June 2016, Published under Cement NewsThe managing director of Saman Cement Co, in Kermanshah, West Iran, has said that Iraq's high import duties on cement has put the Iranian cement industry in crisis, reports the Tasnim News Agency. Shahryar Geravandi, the managing director of Saman Cement Co said: "The new policy of the Iraqi government to increase import cement duties has put [Iranian] cement factories in danger, and domestic cement factories are now facing surplus product." Geravandi added that importing to new markets ... |
PPC29 June 2015, Published under Cement NewsMarking the first collaboration between the two companies, PPC has recently signed an EPC contract with Sinoma’s CMBI Construction Co Ltd for a new 3000tpd clinker production line at PPC’s Slurry plant near Lichtenburg, South Africa. The new kiln line 9 is expected to take 25 months to complete. The contract includes engineering, procurement, civil works, installation and commissioning. Meanwhile, PPC, along with Afrisam, Lafarge and NPC Cimpor, has successfully campaigned for a provision... |
Ohorongo sounds alarm over cement imports24 September 2012, Published under Cement NewsIf infant industry protection cement imports are not left in place, an investment of more than NAD2bn (US$241m) in the Namibian economy and hundreds of jobs created in the process could be at risk, according to Hans-Wilhelm Schuette, Ohorongo Cement’s managing director. The statement comes in response to the latest stage of a case before the Windhoek High Court in which Chinese-owned Jack’s Trading CC wants to have the cement import duty declared invalid. Ohorongo Cement has filed an appl... |