CV: China Light-Walled Rectangular Pipe and Tube
The International Trade Administration has made a final affirmative countervailing duty determination that countervailable subsidies are being provided to producers and exporters of light-walled rectangular pipe and tube (LWR) from China.
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CV Liquidation Suspended Thru March 28, Liquidation Reinstated on March 29
The ITA previously instructed CBP to discontinue the suspension of liquidation/cash deposit/bond requirements for CV duty purposes on all shipments of subject merchandise (except for entries by Lets Win and ZZ Pipe) with a time of entry on or after March 29, 2008, but to continue the suspension of liquidation of shipments with a time of entry of November 30, 2007 through March 28, 2008.
These instructions did not apply to Lets Win and ZZ Pipe due to their de minimis CV net subsidy rates at that time.
CV suspension of liquidation and cash deposit requirements will not resume unless and until the ITA imposes a CV order on subject merchandise.
Entries of LWR During Gap Period Are Not Liable for CV Duties
Shipments with a time of entry during the "gap period," when CV liquidation was reinstated, will not be liable for any CV duties. (The "gap period" began on March 29, 2008 and ends on the day before a CV order, if any, is imposed.)
CV Liquidation to be Suspended Again, CV Cash Deposit Required, if Final Injury
The ITA will issue a CV duty order and suspend liquidation for Lets Win and ZZ Pipe as well as reinstate the suspension of liquidation for Qingdao and all other companies, if the ITC issues a final affirmative CV injury determination (or threat thereof), and will require a cash deposit of estimated CV duties for such entries of merchandise in the amounts indicated below.
(If the ITC determines that CV material injury, or threat of material injury, does not exist, this proceeding will be terminated and all estimated duties deposited or securities posted as a result of the suspension of liquidation will be refunded or canceled.)
| Exporter/Manufacturer |
|---|
| Kunshan Lets Win Steel Machinery Co., Ltd. |
| Zhangjiagang Zhongyuan Pipe- Making Co., Ltd. (ZZPC), and its affiliates, Jiangsu Zhongjia Steel Co., Ltd.; Zhangjiagang Zhongxin Steel Product Co., Ltd.; Zhangjiagang Baoshuiqu Jiaqi International Business Co.; and Jiangsu Qiyuan Group Co., Ltd. (collectively, ZZ Pipe) |
| Qingdao Xiangxing Steel Pipe Co., Ltd. |
| All-Others |
(See ITA notice for more information, including the scope of the order (which is unchanged from the initiation notice), etc.
See ITT's Online Archives or 12/03/07 news, 07120335, for BP summary of the ITA's preliminary affirmative CV determination.
See ITT's Online Archives or 12/28/07 news, 07122830, for BP summary of the ITA's amended preliminary CV determination, which changed the CV duty rates for two companies and the all-others rate.
See ITT's Online Archives or 04/23/08 news, 08042345, for BP summary of CBP's liquidation instructions for the discontinuation of the suspension of liquidation for the subject CV duty order.
See today's issue of ITT, 08062630, for BP summary of the final affirmative antidumping duty determination for LWR from China.)
ITA contact -Shane Subler (202) 482-0189
ITA notice (FR Pub 06/24/08) available at http://edocket.access.gpo.gov/2008/pdf/E8-14250.pdf
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-korea-mexico-prc-lwrpt-final-061608.pdf