Export Price. Difference between Normal Value and Export Price (based on fair comparison) is known as „Margin of dumping‟ Article -2.1 Export price less than the normal value. Comparable price, in ordinary course of trade, for like product in exporting country. Home market sales in country of export- Default option. If home market sales not in ordinary course of trade or insufficient, then other two options for Normal Value. Sufficiency test- home market sales 5% or more of export from exporting country of the product under consideration. (Footnote 2 of ADA) ◦ Comparable price of like product when exported to an appropriate third country, provided that this price is representative, or ◦ Cost of production in country of origin plus reasonable amount for SGA and profits. Ordinary course of trade test- by reason of price ◦ 80/20 test- ◦ Representative sales in home market- ◦ Recovery of Cost ◦ to exclude sales at below cost if more than 20% Arms length transactions: Association/Affiliation of buyers and sellers As a general practice to examine shareholding patterns in the transacting parties to determine affiliation if any; Comparable price to an appropriate third country Provided this price is representative Construction of normal value on cost-plus basis ◦ Cost of production in the country of origin ◦ Plus reasonable amount for administrative, selling and general costs and profits Description Rs./MT Raw Material Cost 49,492 Add Utilities 1,489 Prime Cost 50,981 Add Manufacturing Expenses 1,900 Add Depreciation 1,244 Add Employees Remuneration 1,948 Less By Product / Steam credit -1116 Factory Cost 54,957 Add Administrative Expenses 113 Add Interest 599 Less Other Income (23) Total Cost 55,646 Add Profit @5% on (Total Cost-Interest) 2,752 Constructed Normal Value 58,398 Fair Comparison of normal value and export price for dumping margin determination. ◦ Model Matching / Grouping Closely resembling or similar models/types for model matching At same level: Generally at Ex-factory level ◦ Adjustments and apple to apple comparison Physical characteristics Level of trade Quantities Taxation Conditions and terms of sale Determination of Dumping Margin ◦ Normally to be established on Weighted Average to Weighted Average comparison of NV with EP (WA- WA) ◦ Transaction to transaction comparison of NV and EP (T-T) ◦ Weighted average normal value with individual export transactions in certain situations- export prices differing in regions, p...
Export Price. In the case of orders for export sales, and where the price is quoted in a currency other than sterling, the company shall have the right at any time when the rate of the London Foreign Exchange Market for the particular currency stands more than 2.5% higher than such rate on the day when the price was quoted to raise its prices by not more than the increase in the value of the currency.
Export Price. Each importer must provide the export price, expressed in U.S. dollars, on the entry summary in the designated space provided on the CBP Form 7501.
Export Price. With respect to export-price (EP) sales, we divided the total dumping margins (calculated as the difference between normal value and the EP) for each exporter’s importer or customer by the total number of units the exporter sold to that importer or customer. We will direct CBP to assess the resulting per-unit dollar amount against each unit of merchandise on each of that importer’s or customer’s entries under the relevant order during the review period.
