Page:United States Statutes at Large Volume 61 Part 5.djvu/24

 t;1 STAFr. (F:NII'1I. \A ;t'I.:MlNT'ONTAIIFF'SANIM TIAI )F--T)('. 3, 1!47 Article VI Anti-DumDing and Countervailing Duties 1. No anti-dumping duty shall be levied on any product of the territory of any contracting party imported into the territory of any other contracting party in excess of an amount equal to the margin of dumping under which such product is being imported. For the purposes of this Article, the margin of dumping shall be understood to mean the amount by which the price of the product exported from one country to another (a) is less than the comparable price, in the ordinary course of trade, for the like product when destined for consumption in the exporting country; or, (b) in the absence of such domestic price, is less than either (i) the highest comparable price for the like product for export to any third country in the ordinary course of trade, or (ii) the cost of production of the product in the country of origin plus a reasonable addition for selling cost and profit. Due allowance shall be made in each case for differences in conditions and terms of sale, for differences in taxation, and for other differences affecting price comparability. ['] 2. No countervailing duty shall be levied on any product of the territory of any contracting party imported into the terri- tory of another contracting party in excess of an amount equal to the estimated bounty or subsidy determined to have been granted, directly or indirectly, on the manufacture, production or export of such product in the country of origin or export- ation, including any special subsidy to the transportation of ' [Pot, p. A86 .] A23

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