China Stainless Steel Sinks: ITA Issues Final CV Determination
The International Trade Administration issued its final affirmative countervailing duty determination on drawn stainless steel sinks from China (C-570-984). Although this final determination takes effect Feb. 26, 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 13022515 for summary.)
CV Susp/Cash Deposit thru Dec. 3
The ITA will instruct CBP to continue the suspension of liquidation of all entries from Aug. 6, 2012, through Dec. 3, 2012.
CV Liq Reinstated and No CV Cash/Bond as of Dec. 4
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 Dec. 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 |
|---|---|
| Guangdong Yingao Kitchen Utensils Co., Ltd., and Foshan Magang Kitchen Utensils Co., Ltd. | 4.8% |
| Zhongshan Superte Kitchenware Co., Ltd | 12.21% |
| Foshan Zhaoshun Trade Co., Ltd. | 12.26% |
| All Others | 8.51% |
(Note that there is no CV duty liability during the "gap period" of Dec. 4 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(The period of investigation is 01/01/11 -- 12/31/11. 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 12080316 for summary of the preliminary determination of this investigation, and 13022102 for summary of ITA fact sheet on this final determination, as well as the companion AD final determination.)
ITA Contact -- Shane Subler (202) 482-0189
(FR Pub 02/26/13)