Pakistan slaps punitive tax on SA tin imports

'We won't tolerate unfair competition' Leonard Neill THE PAKISTAN government has come down heavily on South Africa's tin sheet producers for 'dumping the product at prices below South Africa's domestic market prices.' As a result Pakistan has taken its first ever anti-dumping action by imposing punitive taxes on tin imports from South Africa. According to a statement by trade minister Abdul Razak Dawood a penalty tax of 23% has been slapped on the South African imports. "We do not mind competition, but will not tolerate unfair competition," he says. Trade secretary Qamar Beg says the anti-dumping action was taken following complaints that South Africans were selling at prices below their own domestic market levels. "What we have imposed is a provisional tax and they have 90 days to appeal," he says. According to Beg tin imports from South Africa account for about 36% of Pakistan's tin sheet market.