Australia to impose anti dumping taxes?
Following the EU’s introduction of US anti-dumping and anti-subsidy duties on US biodiesel in March last year, Australia could be next to follow suit after a local biodiesel producer issued a complaint about US biodiesel dumping in Australia.
Australian firm Biodiesel Producers said that US biodiesel was being dumped onto the Australian market and the Australian Customs and Border Protection Service is looking into the claims.
Domestic producers are now being priced out of the market and, although the customs agency is unable to comment about the investigation just yet, Biodiesel Producers believes it will convey a strong message to US importers: stop dumping cheap biodiesel onto the Australian market or risk paying taxes.
‘Hopefully it will put a bit more life back into the Australian domestic industry,’ said Chris Attwood, general manager. ‘We are hoping the Australian government will prevent imported biodiesel from…double dipping on subsidies since they are getting a subsidy in the US and then they are arriving here in Australia and also getting a subsidy under the cleaner fuels grant.’
The nation’s cleaner fuel grant, which is offered to biodiesel producers and importers, is priced at almost $0.35 (€0.28) per litre and is available until the end of June 2011.
Australian firm Biodiesel Producers said that US biodiesel was being dumped onto the Australian market and the Australian Customs and Border Protection Service is looking into the claims.
Domestic producers are now being priced out of the market and, although the customs agency is unable to comment about the investigation just yet, Biodiesel Producers believes it will convey a strong message to US importers: stop dumping cheap biodiesel onto the Australian market or risk paying taxes.
‘Hopefully it will put a bit more life back into the Australian domestic industry,’ said Chris Attwood, general manager. ‘We are hoping the Australian government will prevent imported biodiesel from…double dipping on subsidies since they are getting a subsidy in the US and then they are arriving here in Australia and also getting a subsidy under the cleaner fuels grant.’
The nation’s cleaner fuel grant, which is offered to biodiesel producers and importers, is priced at almost $0.35 (€0.28) per litre and is available until the end of June 2011.
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