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Tariff board report on petrol dumping inquiry



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TARIFF BOARD REPORT ON PETROL DUMPING INQUIRY

Statement by the acting Minister for Customs and Excise , the - Honourable J.F. Cairns, M.P.

The acting Minister for Customs and Excise, Dr Cairns, today announced he had received the report of the Tariff Board on its inquiry into the allegation that petrol had been imported into Australia at dumped

prices. This matter had been referred to the Tariff Board on 20 April 1972.

The Board had been asked to examine this matter following complaints by certain Australian petrol refiners and after an investigation by the Department of Customs and Excise which indicated that imports of petrol had been

made at dumped prices.

The Tariff Board has now confirmed that petrol has been imported into Australia at dumped prices, but since such imports had not caused injury or threatened injury to the Australian industry it recommended that dumping duties

should not apply.

The Minister has accepted this recommendation.

Dr Cairns said a notice would be published in the Australian Government Gazette of 15 January 1974 notifying the withdrawal of the goods from dumping- investigation.

Collectors of Customs are being instructed to return all dumping cash securities to importers. ■

Copies of the Tariff Board report will be available as soon as they are printed.

CANBERRA· A.C.T.

8 January 1 974

FOR FURTHER INFORMATION: MR.W. McNAMARA-Telephone 73 2 0 30 or 73 0414 Ext.4 2 0 (Office); or 8 6 3037 (After Hours)