A US court forced the government to reassess a tax rate it applies to products exported by Navigator.
The US International Trade Court has forced the US authorities to reassess the tax rate applied to some of Navigator’s paper products exported to that market, according to Bloomberg.
The USA maintains an anti-dumping rate on Portuguese imports of uncoated paper, which is used in office paper and printing of books, manuals, brochures, among others.
In August last year, Navigator was informed by the US Department of Commerce that the rate to be applied to paper sales to the US market in the period from August 2015 to February 2017 would be 37.34%. However, this figure has since been revised to 1.75%.
Now, according to a decision of the court on November 22nd, the American government will have to provide a better justification for the rate applied to the paper company. Or it will have to change its value again. According to Bloomberg, the department of commerce has until February 20th to oppose it, and the final rate to be applied to Navigator’s sales will have to be approved by the court.
The issue of the anti-dumping rate is not new. The proceeding was initiated in 2015, when a rate of 29,53% was determined. The figure has undergone several changes over time, with Navigator arguing that there are no grounds for applying measures of this nature to sales of its products in the USA.