Shrimp: Prelim CV Cash Deposit Rates Take Effect for 3 Countries, Not Indonesia
Suspension of liquidation and countervailing duty cash deposit requirements take effect April 1 for imports of frozen warmwater shrimp from Ecuador (C-331-806), India (C-533-921) and Vietnam (C-552-838), after the Commerce Department found countervailable subsidization in preliminary determinations in its ongoing CV duty investigations.
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The agency also found that frozen warmwater shrimp from Indonesia (C-560-843) are not being illegally subsidized, in a negative countervailing duty determination, and will not suspend liquidation or impose CV duty cash deposit requirements for imports from Indonesia at this time. The agency may still impose CV duties when it issues its final determination.
Commerce is also conducting concurrent AD duty investigations on frozen warmwater shrimp from Ecuador and Indonesia. Liquidation is already suspended for frozen warmwater shrimp from India and Vietnam under AD orders already in place for those two countries.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for CVD purposes for all entries of subject merchandise from Ecuador, India and Vietnam that are entered, or withdrawn from warehouse, for consumption on or after April 1. It will require CVD cash deposits at the following rates:
Ecuador
| Company | CV Rate |
|---|---|
| Industrial Pesquera Santa Priscila S.A., Manesil S.A., Produmar S.A., Tropack S.A., and Egidiosa S.A. | 13.41% |
| Sociedad Nacional de Galapagos C.A., Naturisa S.A., Holding Sola & Sola Solacciones S.A., and EmpacadoraChampmar S.A. | 1.69% |
| All Others | 7.55% |
India
| Producer/Exporter | CV Rate |
|---|---|
| Devi Sea Foods Limited, Devi Seafoods Inc, and Devee Horizon LLP | 4.72% |
| Sandhya Aqua Exports Pvt. Ltd., Neeli Sea Foods Private Limited, Vijay Aqua Processors Private Limited, and Neeli AquaFarms | 3.89% |
| All Others | 4.36% |
Vietnam
| Producer/Exporter | CV Rate |
|---|---|
| Soc Trang Seafood Joint Stock Company | 2.84% |
| Thong Thuan Company Limited | 196.41% |
| All Others | 2.84% |
(The period of investigation Ecuador, Indonesia and Vietnam is 01/01/22 - 12/31/22, and for India it's 04/01/22 - 03/31/23. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 2311200055 for a summary of the initiation of these CV duty investigations, including deadlines and scope information.)