• Home
• International Trade
• Trade Remedies
• Completed Investigations
• Reassessment Investigations
• Galvanised Wire: Malaysia
• NZ Customs: Reassessed Rates
• 3. Anti-Dumping Duties

• Trade Remedies

• Completed Investigations

• Reassessment Investigations

• Galvanised Wire: Malaysia

• 3.1 Description
• 3.2 Method
  • Exporters Named in Section 2.3: (See Example "A" Below)
  • Other Exporters: (See Example "B" Below)
• 3.3 Rates of Duty
• 3.4 Examples

3.1 Description

5. Following the reassessment, reference price mechanisms in the form of Normal Value (Value for Duty Equivalent) amounts (NV(VFDE)s) will continue to be used to assess the level of anti-dumping duty payable for imports of subject goods from the suppliers above.

6. Reference prices have been reassessed in the case of Southern Wire and new reference prices established in the case of SMI Wire. RCI wire remains exempt from anti-dumping duty. A residual or "other exporters" ad valorem rate applies to any other exporters/suppliers of the subject goods from Malaysia. This applies only up to a capped amount.

7. As a result of the reassessment there are now separate reference prices for different categories as well as for different diameters of galvanised wire. Diameters outside of those which have a specified NV(VFDE) amount, but within the description of the subject goods (see Section 2.1), e.g. greater than 4.00 mm but not greater than 4.50 mm, will be subject to the NV(VFDE) amount for the nearest diameter of wire for that exporter.

8. NV(VFDE) amounts are specified in Malaysian Ringgit (MYR).

9. The amount of anti-dumping duty to be paid on demand in respect of each importation of galvanised wire imported or intended to be imported into New Zealand from Malaysia is:

1. For subject goods from the suppliers/exporters listed above in Section 2.3 (except RCI Wire Sdn Bhd), the amount per kilogram by which the NV(VFDE) amount exceeds the FOB invoiced value of the goods.
2. For all other suppliers of subject goods, an ad valorem rate calculated on the FOB value per kg of the goods. The amount of duty payable using the ad valorem rate is capped at a NV(VFDE) rate for each size of galvanised wire.

3.2 Method

10. For each importation of galvanised wire it will be necessary to:

1. Establish if the galvanised wire falls within the description of the subject goods. Normally this will simply be a matter of establishing if the size of the galvanised wire is within the range of 2 to 4.5 mm in diameter (inclusive). If so record the diameter of each galvanised wire size in millimetres (each size is usually described by its diameter in millimetres).
2. Establish the name of the Malaysian supplier of the galvanised wire. The supplier normally invoices the importer directly so their name should be obvious from the invoice.
3. Take note of the product type listed on the invoice. Is it Armouring wire, High Tensile or Low Tensile galvanised wire? A different set of reference prices exists for each. Invoices may use Product name abbreviations. See Section 4.2 for further assistance with determining the appropriate category.

Exporters Named in Section 2.3: (See Example "A" Below)

4. RCI Wire is exempt from anti-dumping duties.
5. For exports from Southern Wire or SMI Wire, the FOB price per kilogram (kg) for each size of wire imported needs to be compared with the relevant NV(VFDE) amount for that exporter.
6. To compare the invoiced FOB price per kg with the NV(VFDE), convert the invoiced FOB amount for each size of wire into MYR at the exchange rate applying at the date of import.
   • If the FOB price per kg (in MYR) is equal to or greater than the NV(VFDE) amount, no duty is payable.
   • If the FOB price per kg (in MYR) is less than the NV(VFDE), the amount of duty payable is the difference between the FOB amount and the NV(VFDE).

Other Exporters: (See Example "B" Below)

7. If the FOB price per kg, is higher than the capped rate, no duty is payable.
8. If the FOB price per kg, is lower than the capped rate, compare the "total" of the FOB price plus 11 percent (the Other Exporters Rate) with the relevant "Other Exporters" NV(VFDE) cap amount at the bottom of the table in Section 3.3.
   • If the "total" is less than the capped amount, the amount of anti-dumping duty payable is 11 percent of the FOB invoice price.
   • If the "total" is equal to or greater than the capped amount, the amount of duty payable (per kg) is the capped amount minus the FOB invoice price.

3.3 Rates of Duty

11. The NV(VFDE) amounts established for Southern Wire and SMI Wire and ad valorem rate for all other suppliers/exporters (excluding RCI Wire) are as follows:

12. For imports of Medium Tensile (MT) galvanised wire, the appropriate category for determining duties is Low Tensile.

3.4 Examples

13. Below are examples of the calculation of the anti-dumping duty applicable to these goods. The values in examples are merely illustrative and do not represent actual prices.