Countervailing and Anti-Dumping Duties Act 1996 · 2020 Revised Edition · Part 3 · Anti-Dumping Duties
15. Normal value
Feedback & supportFor the purpose of this Act, the normal value of any subject goods is the comparable price actually paid or payable in the ordinary course of trade for like goods sold for consumption in the domestic market of the exporting country.
normal value
“normal value” means the normal value of any subject goods as determined in accordance with section 15 or 18;
Where there are no sales in the domestic market of the exporting country under subsection (1), or where, because of the particular market situation or the low volume of the sales in the domestic market of the exporting country, such sales do not permit a proper comparison, the normal value of the subject goods is —
exporting country
“exporting country” means —(a)the country of export of the subject goods; or(b)where the subject goods are not exported directly to Singapore but are transhipped without substantial transformation through an intermediate country, the country of origin of the subject goods;
the comparable price actually paid or payable in the ordinary course of trade for like goods exported to any appropriate third country, provided that such price is representative; or
the constructed value of the subject goods which must include the cost of production in the exporting country, plus a reasonable amount for profits.
For the purpose of subsection (2), sales of like goods destined for consumption in the domestic market of the exporting country or the appropriate third country is normally considered a sufficient quantity for the determination of the normal value if such sales constitute 5% or more of the sales of the subject goods to Singapore, except that a lower ratio is acceptable where the evidence shows that domestic sales at such lower ratio are of sufficient magnitude to provide for a proper comparison.
like goods
“like goods” means any goods which the Minister determines are identical in all respects to the subject goods or, in the absence of such goods, any other goods which the Minister determines have characteristics closely resembling those of the subject goods;
Sales of the like goods in the domestic market of the exporting country or sales to a third country at prices below per unit cost of production may be treated as not being in the ordinary course of trade by reason of price and may be disregarded in determining normal value only if the Minister determines that such sales are made within an extended period of time in substantial quantities and are at prices which do not provide for the recovery of all costs within a reasonable period of time.
For the purpose of determining the cost of production referred to in subsections (2)(b) and (4), the cost of production must be computed on the basis of all fixed and variable costs of manufacturing for sale in the exporting country plus a reasonable amount for selling, administrative and other general expenses.
In the circumstances described in subsection (4), the normal value of any subject goods may be determined on the basis of —
subject goods
“subject goods” means the goods imported, or sold for importation, into Singapore that are the subject of any countervailing or anti-dumping duty investigation or review under this Act;
the remaining sales in the domestic market made at a price which is not less than the cost of production, provided that such remaining sales are in sufficient quantities; or
where the sale does not exist in sufficient quantities in the domestic market, the remaining sales in the third country market made at a price which is not less than the cost of production, provided that such remaining sales are in sufficient quantities.
Where the remaining sales are not in sufficient quantities for the calculation of normal value under subsection (6), the normal value of any subject goods may be determined on the basis of the constructed value as described in subsection (2)(b).