• About
  • Advertise
  • Privacy Policy
  • Contact
Saturday, July 4, 2026
  • Login
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2DNew
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships
No Result
View All Result
The Vaultz News
No Result
View All Result
in Vaultz Business

GITC Turns Down Request to Waiver On Anti-Dumping Duty on Asadtek Group Consignments

Maynard Championby Maynard Champion
March 9, 2023
Reading Time: 3 mins read
GITC Turns Down Request to Waiver On Anti-Dumping Duty on Asadtek Group Consignments

The Ghana International Trade Commission (GITC) has refused a request for waiver of 35.77 per cent Anti-Dumping Duty (ADD) imposed on consignments of aluminium coils and circles imported from China by the Asadtek Group of Companies.

The Commission in a statement signed by its Executive Secretary, Mr Frank Agyekum, said it “took into consideration the facts contained in the filed Petition and the 29-page supporting documents”. The Commission said it analysed the issues brought before it, by the GITC Act 926, 2016, and the GITC Anti-Dumping Regulations, 2019, L.I.2380.

The Global Roofing and Construction Limited (ASADTEK GROUP), headquartered in Tema, had petitioned the Commission on June 30, 2022, to request a waiver of 35.77 per cent Anti-Dumping Duty (ADD) imposed on its consignments.

The Petitioner (ASADTEK GROUP) contended that the consignments of aluminium coils and circles did not constitute dumping.

ADVERTISEMENT

The GITC concluded that “the imported consignments were not brought into Ghana at fair values, hence constituted dumping”.

Advises and Recommendations

The Commission, meanwhile, advised, recommended and provided analytical support to the Minister of Trade and Industry on proposals for trade-related legislation; preparation of documentation and negotiating position of the Government during international trade negotiations.

It further advised Ghana’s compliance with its bilateral and multilateral trade treaties and obligations; tariff levels for specific sectors of the economy and matters affecting trade and industry after monitoring and reviewing the Country’s international trade.

For manufacturers, the Commission determines complaints before it in areas of Safeguard Measures; Subsidization of Imported Products by foreign Governments; the Dumping of imported products into our domestic market; tariff adjustments and actions which are deemed to affect fair trade.

1.18969939

For Importers and Traders, the Commission settles disputes arising from the classification and valuation of imported products between them and the Customs Division of the Ghana Revenue Authority.

ADVERTISEMENT

For Exporters, the Commission said it will conduct studies and publish reports on the competitiveness of Ghana’s tariff structure and its impact on the domestic industry, market access opportunities and challenges with exports from Ghana.

In 2020, the Ghana International Trade Commission (GITC) set up to check unfair trade practices, heared a historic petition brought before it by some local companies to protect them against some unfair practices by foreign companies.

At the commission’s sitting, Aluworks Limited prayed it to invoke its investigative and adjudicative powers against alleged unfair trade practices relating to dumping, subsidisation and tariff adjustments perpetrated by some foreign entities that threatened the company’s survival.

ADVERTISEMENT

It was the case of the aluminium products manufacturer that Sunda International and Yai Tin International, both importers of aluminium products, illegally imported subsidised aluminium coils and circles into the country.

The Ghana International Trade Commission was established by an Act of Parliament in September 2016 to regulate Ghana’s international trade architecture in conformity with the rules and regulations of the World Trade System and to provide for related matters.

According to the GITC Act, the objectives of the Commission include ensuring fair competition for persons engaged in domestic production and international trade; overseeing Ghana’s compliance with international trade rules and regulations; protecting the domestic industry or market from the impact of unfair trade practices and ensuring transparency, fairness, efficiency and objectivity in the application of measures affecting international trade and the use of world trade measures.

READ ALSO: Ashaiman brutalities: Defence Minister Appeals To The People Of Ghana, To Be Respectful Of Persons In Uniform

ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

Tags: AluworksAnti-Dumping DutyASADTEK GROUPGhana Revenue AuthorityGITC
Share1Tweet1ShareSendSend
Please login to join discussion
Previous Post

UBA Empowers Women To Embrace Equity, Reaffirms Its Mission To Champion Gender Equality

Next Post

Deputy Lands Minister Urges Queen Mothers To Establish 1000 Hectares Bamboo Plantations

Related Posts

Minister for Trade, Agribusiness and Industry, Hon. Elizabeth Ofosu-Adjare
Vaultz Business

Trade Minister Unveils Major Projects, Positioning Ghana as a Prime Investment Hub

July 3, 2026
Mrs Naa Lamle Orleans-Lindsay, GIPC's Head of Legal Division
Vaultz Business

GIPC Commits to Private Sector Excellence at the 4th Ghana Business League Awards

June 30, 2026
Honourable Kenneth Gilbert Adjei
Vaultz Business

Tema Industrial Park Necessary To Boost Economy— Works And Housing Minister

June 30, 2026
Mr. Anthony Kwasi Sarpong, Commissioner-General of the GRA
Vaultz Business

GRA Intervenes as Torrential Rains Disrupt Business Operations Nationwide

June 30, 2026
ADVERTISEMENT

Sign Up to Our Newsletter

Fresh updates, Straight to your inbox

ADVERTISEMENT

Recent News

HMZ0F0IWQAAz6RF

Morocco Make More World Cup History with Commanding Win Over Co-hosts Canada

July 4, 2026
download 2026 07 04T194538.967

US Celebrates 250th Independence Anniversary

July 4, 2026
Kofi Asare, Executive Director, Africa Education Watch

Eduwatch Boss: Mahama Government Making Real Commitment to Inclusive Education

July 4, 2026
All Eyes on BoG as Inflation Rebound Tests Policy Resolve

All Eyes on BoG as Inflation Rebound Tests Policy Resolve 

July 4, 2026
Image 23

King Charles III Marks 250th US Independence Anniversary

July 4, 2026
ADVERTISEMENT
Next Post
Hon. Benito Owusu-Bio, the Deputy Minister for Lands and Natural Resources responsible for Lands and Forestry.

Deputy Lands Minister Urges Queen Mothers To Establish 1000 Hectares Bamboo Plantations

The Vaultz News

Copyright © 2025 The Vaultz News. All rights reserved.

Navigate Site

  • About
  • Advertise
  • Privacy Policy
  • Contact

Follow Us

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Top Stories
  • News
    • General News
    • Education
    • Health
    • Opinions
  • Economics
    • Economy
    • Finance
      • Banking
      • Insurance
      • Pension
    • Securities/Markets
  • Business
    • Agribusiness
    • Vaultz Business
    • Extractives/Energy
    • Real Estate
  • World
    • Africa
    • America
    • Europe
    • UK
    • USA
    • Asia
    • Around the Globe
  • Innovation
    • Technology
    • Wheels
  • Entertainment
  • 20MOBPL2D
  • Jobs & Scholarships
    • Job Vacancies
    • Scholarships

Copyright © 2025 The Vaultz News. All rights reserved.

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.