The consequences of evading AD duty can be devastating to your company, not only financially but also publicly. Recently, a U.S. company agreed to pay $15 million to resolve allegations that it violated the False Claim Act (FCA), by evading antidumping duties on wooden bedroom furniture imported from China.
A U.S. company has agreed to pay $15 million to resolve allegations that it violated the False Claims Act by engaging in a years-long scheme to evade antidumping duties on wooden bedroom furniture imported from China through misclassification, according to an April 27 press release from the Department of Justice. U.S. Customs and Border Protection Commissioner R. Gil Kerlikowske said that under the recently enacted Trade Facilitation and Trade Enforcement Act “CBP will likely see an increase in these types of settlements as the streamlined processes take effect concerning allegations of duty evasion.”
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The consequences of evading AD duty can be devastating to your company, not only financially but also publicly. Recently, a U.S. company agreed to pay $15 million to resolve allegations that it violated the False Claim Act (FCA), by evading antidumping duties on wooden bedroom furniture imported from China.