Bo deep tool forced to pay anti-dumping margin in the United States sales 34%

Saint-Gobain Inc. (SAINT Gobainabrasives, Inc.) With Korea II and the company (Ehwa DIAMOND INDUSTRIAL Co,ltd.) appealed to the United States International Trade Court on the results of anti-dumping cases, the United States Court of Appeals July 6 upheld the verdict,　　In support of the United States International Trade Commission, China and South Korea diamond tool companies to the United States diamond saw blade manufacturing industry caused damage threat.　　With the end of the proceedings surrounding the threat of substantial damage, the Bo Shen Tool (002282) importers in the United States will continue to pay customs bonds for the import of diamond circular saw blades and parts products.　　Bo deep tools are domestic diamond tools industry leading enterprises, but also because of its large number of exports to the United States is determined to be the anti-dumping investigation of the sample enterprises. Bo Shen Tools published data show that the company's wholly-owned subsidiary Bo Deep U.S. Limited liability company (hereinafter referred to as "Bo Deep America") in 2009 11-December, paid 227,883 USD 90 of the tariff margin, in the first half of 2010, paid the tariff margin of 917,219.78 dollars. With a 35.51% tax rate, the Bo-shen tool can be used to export to the United States in the above two time periods: 09 November-December to 641,475 $71, the first half of this year is 2,582,990.09 dollars.　　Further averaging the monthly exports, it was found that the company's exports to the U.S. rose by 34% in 2010 compared with last year.　　Tariff margin becomes a double-edged sword in general, the imposition of anti-dumping duties on products is by no means good news for exporters, as the increase in the importer costs brought about by anti-dumping duties will reflect the rising sales price of the importing country, thus adversely affecting sales.　　For the Bo he deep tool of the export to the United States is against the city and the line?　　The head of the Bo Shen Tool, interviewed by the Securities Daily, said the company in the formulation of the 2010 business plan, has fully considered the U.S. Customs levy anti-dumping tariff margin factors, so in the U.S. export structure has made adjustments, more focused on not included in anti-dumping investigations of product exports. The more important factor in boosting sales growth is that the case is still in its early stages and 35.51% is only a temporary tariff rate levied on importers, and the U.S. Department of Commerce will set anti-dumping rates in its annual review in November 2010.　　If the U.S. Department of Commerce eventually determines the anti-dumping duty rate is higher than the current 35.51%, the importer will pay the difference between the two, which brings uncertainty to the future operation of the importer. But if the importer instead chooses to buy to the US, a wholly-owned subsidiary of the Bo Shen Tool, although the US sales price is raised by the tariff margin, the importer can transfer the risk of the anti-dumping duty to Bo Deep America, thus stabilizing the operating cost. The two evils are taken lightly, and in the drive of avoiding the uncertainty risk, a large number of originalSouth Korea's direct purchase of importers to local procurement, the order to the United States. Selective acceptance of clients to prepare for a review the official told reporters that the annual review of the U.S. Department of Commerce, to begin in November, would further consider whether the company's sales price is lower than the cost price. As a result, the company's choice of customers is indeed prudent, despite the growing numbers of customers who want to enter into contracts with companies.　　Some customers lower prices, although the company has left a profit margin, but the company's current attitude is to decline this part of the customer orders to maintain a high sales price, for the review to strive for an optimistic outcome. When asked about the November review, the director said: As early as 2006, the United States International Trade Commission has made the Sino-Korean diamond saw blade did not cause substantial damage to the domestic industry of the conclusion; But in 2007, the prosecution also submitted a complaint to the International Trade Commission through judicial proceedings, The case continues. Long-term tug of the battle, the company has accumulated a wealth of experience in anti-dumping litigation, the company has also hired lawyers, including China and the United States lawyer team, in the review to determine the lower anti-dumping duty rate or even zero.