Anti-Dumping Duty

 Anti-dumping duty is an additional import duty applied to goods that are being sold into a country at less than their normal value (typically below the price in the exporter’s domestic market). This practice is known as dumping.

The duty is introduced following an investigation by the relevant authority (e.g. the UK’s Trade Remedies Authority) where it is found that dumping is causing injury to domestic industry. Anti-dumping duties are usually applied to specific goods from specific countries and are set at a level intended to offset the unfair price advantage. They are charged in addition to standard customs duties and VAT. The purpose of anti-dumping duty is to protect domestic producers and ensure fair competition in the market. 

Watch the video below for more information about customs duty.