China Chlorinated Isocyanurates: Prelim CV Cash Deposit Rates Take Effect
A countervailing duty cash deposit requirement will take effect Feb. 24 for imports of chlorinated isocyanurates from China (C-570-991), as the Commerce Department found illegal subsidization of Chinese producers in its preliminary determination. The agency assigned CV duty cash deposit rates ranging from 1.55 to 18.57 percent. Chinese chlorinated isocyanurates have already been subject to antidumping duties since 2005. CBP will implement these CV duty 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will instruct CBP to suspend liquidation for all entries of subject merchandise from China that are entered, or withdrawn from warehouse, for consumption on or after Feb. 24 (liquidation may already be suspended for AD duty purposes). Preliminary CV cash deposit rates are as follows:
Company | Prelim CV Rate |
Hebei Jiheng Chemicals Co., Ltd. | 18.57% |
Juancheng Kangtai Chemical Co., Ltd. | 1.55% |
All Others | 10.06% |
(The period of investigation is 01/01/12 - 12/31/12. See Commerce's notice for more information, including the scope (unchanged since initiation), suspension of liquidation, etc. See 13093020 for summary of the initiation of this CV duty investigation, and 13090320 for summary of the underlying petition.)
AD/CVD Operations contact -- Matthew Renkey (202) 482-2312