China Low Speed Personal Vehicles: CVD Rates Rise for Some Companies
The Commerce Department is increasing countervailing duty cash deposit rates for some exporters of low speed personal transportation vehicles from China (C-570-177), after amending its original preliminary CVD determination to fix calculation errors.
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.
Effective Feb. 19, the CVD rate Commerce calculated for Xiamen Dalle New Energy Automobile Co., Ltd. will rise from 21.23% to 33.21%, and the rate for the "all-others" companies, which is based on an average of Commerce's calculated rates, will as a result rise from 22.04% to 28.16%.
CVD cash deposit rates and suspension of liquidation dates for low speed personal transportation vehicles from China will be as follows:
| Company | CVD Rate | Sus Liq |
|---|---|---|
| Guangdong Lvtong New Energy Electric Vehicle Technology Co., Ltd. | 22.84% | 09/07/24 |
| Hebei Machinery Import and Export Co., LTD. | 515.37% | 09/07/24 |
| Shandong Odes Industry Co. Ltd. | 515.37% | 09/07/24 |
| Xiamen Dalle New Energy Automobile Co., Ltd. | 33.21% | 12/06/24 |
| All Others | 28.16% | 12/06/24 |
(The period of investigation is 01/01/23 - 12/31/23. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2412050034 for a summary of the original preliminary determination.)