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Decca gets lower duty
June 13,
2006 by in UnCategorized
By Home Furnishings Business in Case Goods on June 2006
Chinese manufacturer Decca, the case goods source plant for high-end classic and contemporary furniture vendor Bolier & Co., has had its duty rate lowered to 6.65 percent from the all-China rate of 198.08 percent.
The manufacturer had appealed its original duty rate, which was assigned after a U.S. Department of Commerce and International Trade Commission of Chinese makers of wood bedroom furniture ruled that dumping was taking place at the end of 2004.
As of June 14, U.S. Customs and Border Protection will require a cash deposit rate
of 6.65 percent for subject merchandise from Decca in the U.S. market. This cash deposit requirement shall remain in effect until publication of the final results of an administrative review of Decca’s operation.
Chris Plasman, formerly president of Baker Furniture, teamed up with Decca to start the line in 2003. Decca has a 1 million-square-foot plant in Guangdong province and is publicly traded on the Hong Kong Stock Exchange. The company also makes high-end contract furniture.