China Wind Towers: CV Rates Rise for All in Final Determination
The International Trade Administration issued its final affirmative countervailing duty determination on utility scale wind towers from China (C-570-982), which increased the CV rates for all Chinese companies. Although this final determination takes effect Dec. 24, ITA will only require CV cash deposits of estimated CV duties if it issues a CV order.
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(The ITA has also issued a final affirmative determination in the companion antidumping duty determination. See ITT's Online Archives for summary.)
CV Susp/Cash Deposit thru Oct. 3
The ITA will instruct CBP to continue the suspension of liquidation of all entries from June 6 through Oct. 3.
CV Liq Reinstated and No CV Cash/Bond as of July 24
The ITA previously instructed CBP to discontinue the suspension of liquidation for CV duty purposes and the collection of CV duty cash deposits or bonds for subject merchandise entered on or after Oct. 4.
CV Liq to be Suspended Again & CV Cash Deposit Required if Order Issued
The ITA will issue a CV duty order, reinstate the suspension of liquidation, and require a cash deposit of estimated CV duties for entries of subject merchandise at the revised CV rates listed below if the International Trade Commission issues a final affirmative injury determination:
| Producer/Exporter | CV Rate |
|---|---|
| CS Wind China Co., Ltd. / CS Wind Tech (Shanghai) Co., Ltd. / CS Wind Corporation | 21.86% (from 13.74%) |
| Titan Wind Energy (Suzhou) Co. Ltd. / Titan Lianyungang Metal Product Co. Ltd. / Baotou Titan Wind Power Equipment Co., Ltd. / Shenyang Titan Metal Co., Ltd. | 34.81% (from 26%) |
| All Others | 28.34% (from 19.87%) |
(Note that there is no CV duty liability during the "gap period" of Oct. 4 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(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, changes since the preliminary determination, etc. See ITT’s Online Archives 12060537 for summary of the preliminary determination of this investigation, and 12121905 for summary of ITA fact sheet on this final determination, as well as the companion AD final determination.)
ITA Contact -- Kristen Johnson (202) 482-4793
(FR Pub 12/24/12)