Malaysia 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 Malaysia (C-557-814), after the Commerce Department found illegal subsidization of Malaysian producers in its preliminary determination. The agency assigned a CV duty cash deposit rate of 62.74 percent to Kian Huat based on adverse facts available because of that company's alleged lack of cooperation with the investigation. Kian Huat was the only mandatory respondent (Asia Aquaculture volunteered for review), so Commerce based the all others CV duty rate on Kian Huat's AFA rate. CBP will implement these CV cash deposit requirements soon.
Sign up for a free preview to unlock the rest of this article
If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise from Malaysia that are entered, or withdrawn from warehouse, for consumption on or after June 4.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 |
| Asia Aquaculture (M) Sdn. Bhd. | 10.8% |
| Kian Huat Aquaculture Sdn. Bhd. | 62.74% |
| All Others | 62.74% |
(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 -- Kristen Johnson (202) 482-4793