India Organic Soybean Meal: Prelim Results of CVD Admin Review
The Commerce Department has released the preliminary results of a countervailing duty administrative review on organic soybean meal from India (C-533-902). Rates set in this review will be used to assess CVD on subject merchandise from the exporters under review entered during the period Sept. 3, 2021, through Dec. 31, 2022.
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Only the exporters for which an administrative review was requested are covered by this review. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message # 3233420).
In these preliminary results, Commerce said it is rescinding the review of 35 companies, which had their requests for review withdrawn. See Appendix II of the notice for a complete list of those companies.
Cash Deposit Requirements
For companies that remain subject to review, new CVD cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register, currently scheduled for September. Commerce preliminarily calculated the following CVD cash deposit rates:
| Producer/Exporter | 2021 Rate* (Prelim) | CVD Rate (Prelim) |
|---|---|---|
| Shri Sumati Industries Private Limited | 7.99% | 4.08% |
| Shanti Worldwide | 261.8% | 261.8% |
*This rate is for assessment purposes only for subject merchandise entered Sept. 3, 2021, through Dec. 31, 2021. The rate listed in the “CVD Rate” column is the assessment rate for entries in calendar year 2022, as well as the CVD rate for cash deposit purposes.
(The period of review is 09/03/21 - 12/31/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)