Thailand 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 Thailand (C-549-828), after the Commerce Department found illegal subsidization of Thai producers in its preliminary determination. The agency assigned a CV duty cash deposit rates of 2.09 percent to most Thai producers. Marine Gold will not be subject to suspension of liquidation and cash deposits requirements because Commerce calculated a de minimis CV duty rate for the company. Thai frozen shrimp has been subject to antidumping duties since 2005.
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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will instruct CBP to suspend liquidation for all entries of subject merchandise from Thailand that are entered, or withdrawn from warehouse, for consumption on or after June 4, except for entries of Marine Gold's shrimp. Preliminary CV cash deposit rates are as follows:
Company | Prelim CV Rate |
Thai Union Frozen Products Public Co., Ltd./Thai Union Seafood Co., Ltd. | 2.09% |
Marine Gold Products Limited | de minimis |
All Others | 2.09% |
(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 -- Myrna Lobo (202) 482-2371