Xinghongyuan Tire received zero tax rate final ruling in South Africa's anti-dumping investigation

South Africa's International Trade Management Council has decided to impose anti-dumping duties on Chinese tires. It is understood that this is the largest anti-dumping case initiated by South Africa against China in recent years, involving an amount of about 300 million US dollars.

When faced with many responding companies, the South African investigation agency selected seven Chinese companies as sample companies for investigation. In the end, for these sampled enterprises, the anti-dumping duty rate was set at 0 - 43.6%, while cooperative enterprises that were not sampled faced a tax rate of 14.56%.

Among them, Shandong Xinghongyuan Tire Co., Ltd., as one of the companies under investigation, entrusted relevant law firms to actively cooperate with the investigation. However, surprisingly, in September 2022, the relevant departments rejected the answers submitted by the company and other responding companies, and made a positive preliminary ruling on Chinese tires. Faced with the preliminary ruling results, Xinghongyuan Tire Co., Ltd. was not willing to be outdone, and submitted the preliminary ruling defense opinions within the specified time limit and resubmitted the questionnaire.

In April 2023, South Africa issued a final ruling disclosure, setting the dumping margin on Xinghongyuan Tire Co., Ltd. at 8.66%. After sufficient analysis and judgment, Xinghongyuan's legal team once again raised a defense opinion on the tax calculation method, and finally successfully made the company the only Chinese company to receive a zero tax rate in this investigation.

South Africa's anti-dumping investigation against Chinese tires has attracted widespread attention in the industry and involves the export interests of many companies. Xinghongyuan Tire Co., Ltd. successfully achieved zero tax rate through active response and reasonable defense, demonstrating the determination and strength of Chinese companies to safeguard their rights and interests in international trade disputes.