|By Marketwired .||
|September 30, 2013 05:00 PM EDT||
OTTAWA, ONTARIO -- (Marketwired) -- 09/30/13 -- The Canadian International Trade Tribunal completed the interim review of its order made in Expiry Review No. RR-2011-002 in respect of bicycles, assembled or unassembled, with wheel diameters of 16 inches (40.64 cm) and greater, originating in or exported from Chinese Taipei and the People's Republic of China, excluding bicycles with an FOB Chinese Taipei or People's Republic of China selling price exceeding CAN$225 and excluding bicycles with foldable frames and stems.
Having found that the order is no longer necessary, the Tribunal rescinded its order, and the Canada Border Services Agency will cease the collection of anti-dumping duties on these bicycles.
The Tribunal is an independent quasi-judicial body that reports to Parliament through the Minister of Finance. It hears cases on dumped and subsidized imports, safeguard complaints, complaints about federal government procurement and appeals of customs and excise tax rulings. When requested by the federal government, the Tribunal also provides advice on other economic, trade and tariff matters.
For more information, visit www.citt-tcce.gc.ca/new/index_e.asp