Canada Supercalendered Paper: Commerce Set to Exempt Catalyst From CV Duties
The Commerce Department issued the preliminary results of an expedited review of countervailing duties on supercalendered paper from Canada (C-122-854) (here). The review covers two companies not individually investigated in Commerce’s recently completed CV duty investigation.
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.
Expedited reviews are rarely conducted proceedings that in some ways are similar to an extension of a recently completed investigation to cover companies that Commerce was unable to examine in the original proceeding. Unlike in administrative reviews, Commerce will not set assessment rates in this expedited review. Only cash deposit rates will be affected. Like in investigations, any company receiving a zero rate in an expedited review will be permanently exempt from the CV duty order.
In this expedited review, Commerce calculated a CV rate of 7.99% for Irving Paper Limited, and a de minimis CV rate for Catalyst Paper Corporation. If these findings are unchanged when Commerce issues its final results, Irving will be subject to a 7.99% cash deposit rate beginning on the date the final results are published, and Catalyst will be exempt from the CV duty order on supercalendered paper from Canada. The final results of this expedited review are due in February.
(Federal Register 11/28/16)