Definition
An additional customs duty imposed to counter the injury caused to local industry by imports sold at less than their normal value in the exporting country. In South Africa anti-dumping investigations are conducted by ITAC, and the duties are levied by SARS once recommended and gazetted. The measure is permitted under the WTO Anti-Dumping Agreement.
Frequently asked questions
What is Anti-Dumping Duty?
An additional customs duty imposed to counter the injury caused to local industry by imports sold at less than their normal value in the exporting country. In South Africa anti-dumping investigations are conducted by ITAC, and the duties are levied by SARS once recommended and gazetted. The measure is permitted under the WTO Anti-Dumping Agreement.
Which glossary terms are related to Anti-Dumping Duty?
Anti-Dumping Duty is a customs & sars term in the South African import/export industry. Related terms in the same area include 70707070 (Customs Code), Ad Valorem Duty, AEO (Authorised Economic Operator), B-BBEE (Broad-Based Black Economic Empowerment), Bill of Entry — each has its own plain-English definition in the TradeCaravan glossary.