MDB issues new scheme with revised collateral requirement after the Malta Chamber of SMEs highlights difficulties
23 September 2020
Following problems flagged by members on accessing the MDB loan scheme, the Malta Chamber of...
GRTU has written to importers of ceramic tiles from China because earlier this year an anti-dumping duty was introduced on ceramic tiles originating from China imported in the EU. This introduced a duty in some cases up till 73%.
We have reached a stage where the European Commission is proposing to make the provisional duties definite with some lower changes in the duty. GRTU explained to the importers that the duty is highest where the manufacturers would have not cooperated with the Commission in the anti-dumping investigation.
The GRTU therefore advised that if importers import products which fall under the highest % they should contact their supplier (manufacturer) who can get in touch with the Commission so that the anti-dumping investigation is carried out. If this is done the % will most probably be reduced.
If the difference between the provisional and the definitive duty is confirmed (soon) the difference between the (higher) provisional duty paid at time of importation and the (lower) definitive duty due will be refunded. Members are invited to contact GRTU for help with this procedure.
The Malta Chamber of SMEs represents over 7,000 members from over 90 different sectors which in their majority are either small or medium sized companies, and such issues like the one we're experiencing right now, it's important to be united. Malta Chamber of SMEs offers a number of different services tailored to its members' individual requirements' and necessities. These range from general services offered to all members to more individual & bespoke services catered for specific requirements.
A membership with Malta Chamber of SMEs will guarantee that you are constantly updated and informed with different opportunities which will directly benefit your business and help you grow. It also entails you to a number of services which in their majority are free of charge and offered exclusively to its members (in their majority all free of charge).