CV: Vietnam Polyethylene Retail Carrier Bags
The International Trade Administration has made a preliminary affirmative determination that countervailable subsidies are being provided to producers and exporters of polyethylene retail carrier bags (PRCBs) from Vietnam.
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This is the first time a product from Vietnam has been the subject of a CV investigation. The ITA is also conducting an antidumping duty investigation on PRCBs. The preliminary AD determination is expected to be issued by October 27, 2009.
CV Suspension of Liquidation
The ITA is directing U.S. Customs and Border Protection to suspend liquidation for CV purposes of all entries of PRCBs from Vietnam (except for PRCBs both produced and exported by Advance Polybag Co., Ltd. (API), which has a de minimis rate), with a time of entry on or after September 4, 2009.
CV Cash Deposit Requirement
The ITA is also directing CBP to require a cash deposit or bond for CV duty purposes for entries of PRCBs from Vietnam with a time of entry on or after September 4, 2009, at the following CV duty rates:
| Producer/Exporter | Prelim CV Rate |
|---|---|
| Advance Polybag Co., Ltd. (API) | (a) |
| Chin Sheng Company, Ltd. | 1.69% |
| Fotai Vietnam Enterprise Corp. | 4.24% |
| All Others | 2.97% |
(a) The ITA has determined a de minimis CV duty rate of 0.20% for API; therefore, no CV cash deposit is required for PRCBs produced and exported by API.
Final CV Duty Determination Aligned with Final AD Duty Determination
The ITA is also aligning the final CV duty determination with the final determination in the companion AD duty investigation of PRCBs from Vietnam. The final CV duty determination will be issued on the same date as the final AD duty determination, which is currently scheduled to be issued no later than January 11, 2010, unless postponed.
(See ITA notice for additional information, including the scope of the order (which is unchanged from the initiation notice), etc.
See ITT's Online Archives or 04/27/09 news, 09042745, for BP summary of the ITA's initiation of this investigation and request for comments on application of CV duty law to Vietnam imports.
See ITT's Online Archives or 04/27/09 news, 09042750, for BP summary of the ITA's initiation of the companion AD duty investigation.
See ITT's Online Archives or 06/04/09 news, 09060430, for BP summary of the ITA's postponement of the preliminary CV duty determination. See ITT's Online Archives 08/21/09 news, 09082140, for BP summary of the ITA's postponement of the preliminary AD duty determination.)
ITA contact - Jun Jack Zhao (202) 482-1396
ITA notice (FR Pub 08/04/09) available at http://edocket.access.gpo.gov/2009/pdf/E9-21427.pdf
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-vietnam-prcb-cvd-prelim-083109.pdf