Paper Plates: Prelim CV Rates Take Effect for China, Vietnam; Retroactive for Most
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of paper plates from China (C-570-165) and Vietnam (C-552-840), after finding countervailable subsidization of producers and exporters in the two countries in the preliminary determinations of its CV duty investigations. Suspension of liquidation and cash deposit requirements would generally take effect for entries on or after July 1, the date that the preliminary determinations were published in the Federal Register, but Commerce is making the suspension of liquidation and CV duty cash deposits retroactive to approximately April 2 for most Chinese and Vietnamese companies.
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.
Commerce also is considering the imposition of antidumping duties on paper plates from China and Vietnam, as well as from Thailand. The preliminary determinations in those investigations are currently due Aug. 22.
Cash Deposits Retroactive 90 Days for Most Chinese, Vietnamese Companies
Commerce made a finding that all exporters of paper plates from China except Jinhua P&P, as well as all exporters from Vietnam except Go-Pak Paper Products, increased their exports to the U.S. in the months before the preliminary determination. This “critical circumstances” finding by the agency allows it to retroactively suspend liquidation and require CVD cash deposits for subject merchandise from these companies 90 days before the preliminary determination, i.e., April 2, 2024.
For Jinhua P&P and Go-Pak Paper Products, suspension of liquidation and CV duty cash deposit requirements take effect July 1.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from a warehouse, for consumption on or after the dates listed below. Cash deposits of estimated CV duties will be required as follows:
China
Company | CV Rate | Sus Liq |
---|---|---|
Fuzhou Hengli Paper Co., Ltd. | 11.53% | 04/02/24 |
Jinhua P&P Product Co., Ltd. | 3.54% | 07/01/24 |
Ningbo Artcool Co., Ltd. | 313.14% | 04/02/24 |
Ningbo Fenghua Yongfa Printing Stationery Co., Ltd. | 313.14% | 04/02/24 |
Zhejiang Kingsun Eco-Pack Co., Ltd. | 313.14% | 04/02/24 |
Zhejiang Lingrong Crafts Co., Ltd. | 313.14% | 04/02/24 |
All Others | 10.64% | 04/02/24 |
Vietnam
Company | CV Rate | Sus Liq |
---|---|---|
Go-Pak Paper Products Vietnam Co., Ltd. | 5.48% | 07/01/24 |
Innovative Sonic Vietnam International | 237.65% | 04/02/24 |
Ningbo Changya Plastic Vietnam Company | 237.65% | 04/02/24 |
Ningbo Changya Plastic Vietnam | 237.65% | 04/02/24 |
SCG Vietnam | 237.65% | 04/02/24 |
Xie Li Vietnam International Company Limited | 237.65% | 04/02/24 |
All Others | 5.48% | 04/02/24 |
(The period of investigation is 01/01/23 - 12/31/23. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 2402210025 for a summary of the initiation of these AD and CV duty investigations.)