China Woven Ribbons: Amended Final Results of CVD Admin Review
The Commerce Department has published amended final results of the countervailing duty administrative review on narrow woven ribbons with woven selvedge from China (C-570-953) originally published Feb. 25, 2020, to align with the final decision in a court case that challenged a rate in those results.
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In that review, Yama Ribbons and Bows Co., Ltd. was assigned a CVD rate of 31.87% for subject goods entered during calendar year 2017. After the final results were published, Yama filed a lawsuit challenging the results in the Court of International Trade.
An Aug. 5 court decision confirmed a recalculation by Commerce that resulted in Yama receiving a revised rate of 22.2%. That new rate is applicable Aug. 15.
But the amended results won't change the current cash deposit rate for Yama, because the company has a superseding cash deposit rate, i.e., there have been final results published in a subsequent administrative review. Commerce won't issue revised cash deposit instructions to CBP.
(The review period is 01/01/17 - 12/31/17. See Commerce's notice for more information. See 2002240008 for a summary of the original final results of this review.)