India Grinding Media: Commerce Issues Final CVD Determination
The Commerce Department issued its final determination in its countervailing duty investigation on high chrome cast iron grinding media from India (C-533-931). Suspension of liquidation is currently not in effect for entries on or after Feb. 1, 2025, and Commerce will only require cash deposits of estimated CVD on future entries if it issues a CVD order.
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Before Commerce issues a CVD order, the International Trade Commission must find injury to U.S. industry in its final injury determination, currently due June 5, Commerce said in a fact sheet. In the event of any ITC final determination of no injury, the investigation will be terminated with no duties imposed, and all cash deposits collected as a result of the investigation will be refunded.
Suspension of liquidation is in effect for antidumping duty purposes on high chrome cast iron grinding media from India, with Commerce's concurrent final AD determination setting rates at 9.58% for all Indian exporters 2504290024).
CV Susp/Cash Deposit Through Jan. 31
For now, Commerce has instructed CBP to continue the suspension of liquidation of subject merchandise from Indian companies entered Oct. 4, 2024, the date of Commerce's preliminary determinations, through Jan. 31, 2025.
CV Liq Reinstated and No CV Cash Deposit as of Feb. 1
Commerce previously instructed CBP to discontinue the suspension of liquidation for CVD purposes and the collection of CVD cash deposits for subject merchandise from India entered on or after Feb. 1, the expiration date of the 120-day “provisional measures” period during which Commerce can suspend liquidation without a CVD order in place.
Suspension of liquidation currently remains in effect for AD purposes for subject merchandise from India.
CV Liq to Be Suspended Again and CV Cash Deposit Required if Order Issued
Commerce will issue a CVD order, reinstate the CVD suspension of liquidation for all Indian subject merchandise, and require a cash deposit of estimated CVD for entries of subject merchandise at the revised CVD rates listed below if the ITC issues a final affirmative injury determination.
| Company | CVD Rate |
|---|---|
| AIA Engineering Limited; Vega Industries (Middle East) F.Z.C; Welcast Steels Ltd. | 3.16% |
| All Others | 3.16% |
(Note that there is no CVD liability, and no CVD will be assessed, on entries during the “gap period” of Feb. 1 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(The period of investigation 04/01/23 - 03/31/24. See Commerce's notice for more information, including the scope of the order (unchanged), detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See 2410030054 for a summary of the preliminary determination of this investigation.)