CV: Argentina & Korea Ni-Resist Piston Inserts
The International Trade Administration has made a preliminary affirmative determination that countervailable subsidies are being provided to a producer and exporter of Ni-resist piston inserts from Argentina.
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The ITA has also made a preliminary negative CV duty determination for Ni-resist piston inserts from Korea.
CV Suspension of Liquidation for Argentina
The ITA is directing U.S. Customs and Border Protection to suspend liquidation for CV purposes of all entries of the subject merchandise from Argentina with a time of entry on or after July 6, 2009.
CV Cash Deposit Requirement for Argentina
The ITA is also directing CBP to require a cash deposit or bond for CV duty purposes for entries of the subject merchandise from Argentina with a time of entry on or after July 6, 2009 at the following CV duty rates:
| Producer/Exporter | Prelim CV Rate |
|---|---|
| Clorindo Appo SRL | 5.42% |
| All Others | 5.42% |
Preliminary Negative CV Duty Determination for Korea
The ITA has also made a negative preliminary determination that countervailable subsidies are not being provided to producers and exporters of Ni-resist piston inserts from Korea, as the preliminary CV rates for Incheon Metal Co., Ltd. and All Others are de minimis.
As a result, the ITA will not direct CBP to suspend liquidation nor require any cash deposit or posting of a bond for entries of Ni-resist piston inserts from Korea.
(See ITA notices for additional information, including the scope of the orders (which is unchanged from the initiation notice), etc.
See ITT's Online Archives or 02/23/09 news, 09022350, for BP summary of the ITA's initiation of these CV duty investigations.
See ITT's Online Archives or 03/23/09 news, 09032345, for BP summary of the ITA's postponement of these preliminary CV duty determinations.)
| Kristen Johnson (Argentina) | (202) 482-4793 |
| John Conniff (Korea) | (202) 482-1009 |
ITA notice (Argentina) (FR Pub 07/06/09) available at http://edocket.access.gpo.gov/2009/pdf/E9-15830.pdf
ITA notice (Korea) (FR Pub 07/06/09) available at http://edocket.access.gpo.gov/2009/pdf/E9-15967.pdf
ITA fact sheet (Argentina) available at http://ia.ita.doc.gov/download/factsheets/factsheet-argentina-nrpi-cvd-prelim-063009.pdf
ITA fact sheet (Korea) available at http://ia.ita.doc.gov/download/factsheets/factsheet-korea-nrpi-cvd-prelim-063009.pdf