India PET Film: Prelim Results of CV Admin Review
The Commerce Department issued the preliminary results of its countervailing duty administrative review on polyethylene terephthalate (PET) film, sheet and strip from India (C-533-825). The agency preliminarily calculated new CV duty rates for SRF Limited and Jindal. The final results of this review will be used to set CV duty assessments on importers for subject merchandise entered during calendar year 2012.
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Rates Only Preliminary; Cash Deposit Rates From Previous Proceedings Still in Effect
These CV rates are only preliminary, and do not change current CV duty rates. Commerce may still change its calculations when it issues the final results of this administrative review. For now, the most recent final CV rate calculated for each Indian company is still applicable. If no final CV duty rate has ever been calculated for a company, then it is subject to the all others rate. The final results of this administrative review are currently due in December.
Cash Deposit Requirements
Once Commerce issues its final results, new CV duty cash deposit requirements may take effect for some companies, beginning on the date of publication of the final results in the Federal Register.
| Exporter | CV Rate |
|---|---|
| SRF Limited | 2.08% |
| Jindal Poly Films Limited | 8.36% |
Assessment Rates
When Commerce issues its final results, it will use them to set assessments of CV duties on importers of PET film from India entered between Jan. 1, 2012 and Dec. 31, 2012.
(The period of review is 01/01/12 -- 12/31/12. See notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)
AD/CVD Operations contact -- Elfi Blum (202) 482-0197
(Federal Register 08/25/14)