Cement News tagged under: import duty

RSS feed

Armenia reduces import duty for cement

09 September 2022, Published under Cement News

Armenia’s parliamentary committee on economic affairs has given the green light on a bill by ruling Civil Contract Party MP Babken Tunyan on the lowering of import duty on cement and abolishing import duties on clinker. If passed by parliament, the cement import duty will fall from AZD14,000 to AZD9000 while clinker import duties will no longer be levied. The new bill is expected to address the shortage of cement in the market.

Rock Hard Distributors sees import restrictions claim dismissed

22 July 2021, Published under Cement News

The judicial review claim brought by Trinidad and Tobago-based Rock Hard Distributors and St Lucia-based Rock Hard Distribution Ltd against the Ministry of Trade and Industry against the ministry’s steps to introduce a quota on imported cement and a proposal to increase import duties was dismissed by Justice Jacqueline Wilson. The claim sought to challenge the decision made by the ministry on 13 November 2020 introduce import quota from 1 January, allowing only a total of 75,000tpa for all...

Philippines expands import safeguard measures

16 March 2021, Published under Cement News

The Philippines has expanded the list of countries covered in its cement import safeguard measures. The amendment was based on the Department of Trade and Industry’s annual review of import data, where it found that some countries already have a share of total cement imports that has exceeded the three per cent threshold, according to the Manila Bulletin. As a result, the list now includes Chile, Israel, Slovenia, Slovakia, Poland, Lithuania, Latvia, Hungary, Estonia, Czech Republic, the R...

Ukrainian court dismisses claim to cancel anti-dumping duties

14 January 2021, Published under Cement News

Ukraine’s District Administrative Court of Kyiv has reportedly dismissed the claim of the managing company of Belarusian Cement Co and its local importers regarding the cancellation of anti-dumping duties on cement imports into Ukraine, established by the Interdepartmental Commission on International Trade in May 2019. The news was reported by the Ilyashev & Partners Law Firm, which represents the interests of third parties in the case. "The court recognised the need to protect the violated...

DTI reviews cement import duty

08 December 2020, Published under Cement News

The Philippines’ Department of Trade and Industry (DTI) has ordered that, for the second year of the three-year implementation period of the safeguard measure against imported cement, a PHP9.80 (US$0.2) duty will be imposed on every 40kg bag of imported cement or PHP245/t. The second-year duty covers cement imports from various countries from 22 October 2020 to 21 October 2021, according to the Manila Bulletin. For the first year, the DTI imposed a safeguard duty of PHP10/40kg bag and ...

CeMAP appeals the reduction of import safeguard duty

27 October 2020, Published under Cement News

The Cement Manufacturers Association of the Philippines (CeMAP) has submitted an appeal to the Department of Trade and Industry (DTI), asking it to postpone the reduction of the PHP10/bag (US$0.21) safeguard duty and instead raise it to PHP12/bag. Under a DTI order made on 27 August 2019, the PHP10/bag definitive safeguard measure on imported cement from specific countries will decrease by PHP1/bag each year until the third year. Therefore, the duty was due to go down to PHP9/bag by 22 No...

BCMA calls for withdrawal of import tax

19 June 2020, Published under Cement News

The Bangladesh Cement Manufacturers Association (BCMA) has called for the withdrawal of a non-adjustable advance income tax (AIT), which is applied at both the import and supply stage, according to The Financial Express. "So far we know this non-adjustable tax is not applicable for any other sectors. I also do not know whether such type of tax is realised in other countries," said BCMA president, Alamgir Kabir. Currently, local manufacturers pay three per cent tax at the import stage and ...

Armenia set to extend import duty on cement

27 March 2020, Published under Cement News

Armenia’s National Assembly passed at the first reading the amendments to extend the validity of the state duty set on cement imports until 31 December 2020. The country has imposed a AMD14,000/t duty on cement imports from Iran and other countries since it ratified the legislation on 3 June 2019, a law that expires on 1 April 2020. "Over a period between July and December, the volumes of cement imported from Iran have shrunk, that is, 19.2t of cement were imported in one month of 2018, wh...

Kenyan producers oppose National Cement's call for clinker import duty rise

06 March 2020, Published under Cement News

National Cement Co of Kenya has struck out on its own in asking for an increase on clinker import duty from 10 to 25 per cent. Bamburi Cement, East Africa Portland Cement VCO and Savannah Cement have oppossed the increase suggested by National Cement Chairman, Narendra Raval, at a meeting in Nairobi with the Kenyan Association of Manufacturers (KAM). However, the association the manufacturers to provide data on their grinding and clinker installed capacity, clinker demand and the capacity ...

Philippines announces new duty on imported cement

04 September 2019, Published under Cement News

The Philippines’ Department of Trade and Industry (DTI) will impose a general safeguard duty on imported cement for a three-year period to protect domestic product. The measure will take effect 15 days after the announcement made on Tuesday. "We are deciding on the imposition of definitive safeguard duty of PHP250/t (US$4.8/t) or PHP10/40kg bag for the first year of the implementation to encourage and challenge the local cement industries to be globally competitive," said the DTI in a sta...