Oman Circular Welded Pipe: ITA Finds Subsidization, CV Rates Take Effect
The International Trade Administration issued its final affirmative countervailing duty determination on circular welded pipe from Oman (C-523-802), which found a CV rate of 4.13 percent for all Omani exporters. The ITA had found no countervailable subsidization in its preliminary determination. Suspension of liquidation for CV purposes and collection of CV cash deposits/bonds will begin Oct. 22.
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(The ITA has also issued a final affirmative determination in the companion antidumping duty determination. See ITT's Online Archives 12101928 for summary.)
CV Suspension of Liquidation and Cash/Bond Requirements
The ITA will instruct CBP to suspend liquidation for CV duty purposes for all entries of subject merchandise from Oman that are entered, or withdrawn from warehouse, for consumption on or after Oct. 22. If the International Trade Commission does not find injury to U.S. industry in its final determination, CV cash deposits or bonds will be refunded or canceled.
| Exporter/Manufacturer | CV Rate |
|---|---|
| Al Jazeera Steel Products Co. SAOG | 4.13% |
| All Others | 4.13% |
(The period of investigation is 01/01/10 -- 12/31/10. See ITA’s notice for more information, including the scope of the order (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, etc. See ITT’s Online Archives 12053139 for summary of the preliminary negative determination of this investigation.)
(See ITT’s Online Archives 12101720 for summary of ITA fact sheet on this final determination.)
ITA Contact -- Sergio Balbontin (202) 482-6478
(FR Pub 10/22/12)