China Frozen Shrimp: Prelim CV Cash Deposit Rates Take Effect
A countervailing duty cash deposit requirement will take effect June 4 for imports of frozen warmwater shrimp from China (C-570-989), after the Commerce Department found illegal subsidization of Chinese producers in its preliminary determination. The agency assigned a CV duty cash deposit rate of 5.76 percent to all Chinese producers. Chinese frozen shrimp has been subject to antidumping duties since 2005. CBP will implement these CV cash deposit requirements soon.
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CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise from China that are entered, or withdrawn from warehouse, for consumption on or after June 4. Preliminary CV cash deposit rates are as follows:
| Company | Prelim CV Rate |
| Zhanjiang Guolian Aquatic Products, Co., Ltd., Zhanjiang Guolian Feed Co., Ltd., Zhanjiang Guolian Aquatic Fry Technology Co., Ltd., Zhanjiang Guotong Aquatic Co., Ltd. | 5.76% |
| All Others | 5.76% |
(The period of investigation is 01/01/2011 - 12/31/2011. See Commerce's notice for more information, including the scope (unchanged since initiation), suspension of liquidation, etc. See 13012415 for summary initiation of this CV duty investigation, and 12123116 for summary of the underlying petition.)
AD/CVD Operations contact -- John Conniff (202) 482-1009