India Glycine: Final Results of CVD Admin Review
The Commerce Department has released the final results of its countervailing duty administrative review on glycine from India (C-533-884). It said it made changes to its preliminary results of this review based on comments received. The agency set a new CVD cash deposit rate -- 6.03%, up from the preliminary rate of 2.01% -- for exporters of subject merchandise Kumar Industries, India and cross-owned affiliates Advance Chemical Corp., Rexisize Rasayan Industries and Reliance Corp. These final results will be used to set final assessments of CVD on importers for subject merchandise entered during calendar year 2022.
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The new CVD cash deposit rate for the producers and exporters subject to this review take effect Dec. 2, the date the results are to be published in the Federal Register. The new rate also will apply for importer assessment purposes.
Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate. If the exporter has never been assigned its own CVD rate, but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate applies.
(The review period is 01/01/22 - 12/31/22. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2407030023 for a summary of the preliminary results of this administrative review.)