China Metal Lockers: Final Results of CVD Admin Review
The Commerce Department has published the final results of its countervailing duty administrative review on certain metal lockers and parts thereof from China (C-570-134). The agency calculated new CVD cash deposit rates for the Chinese producers and exporters listed below -- and in the case of Hangzhou Evernew Machinery & Equipment Company, at a rate significantly higher than that calculated in the preliminary results of this review, i.e., 15.35%. That new rate affected the rate for the non-individually examined companies, as well, because the Evernew rate was based on adverse facts available. These final results will be used to set final assessments of CVD on importers for entries during the period of calendar year 2022.
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 said that, as anticipated in the preliminary results, it is rescinding the review for four companies -- Kunshan Dongchu Precision Machinery Co., Ltd.; Pingchu Chenda Storage Office Co., Ltd.; Tianjin Jia Mei Metal Furniture Ltd.; and Zhejiang Xingyi Metal Products Co., Ltd. -- because they had no reviewable subject entries during the review period. Entries from these companies will be liquidated as entered.
New Cash Deposit Rates Take Effect June 13
New CVD cash deposit rates for the producers and exporters still subject to his review take effect June 13, the date these final results were published in the Federal Register. Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate, and companies that have never been assigned a CVD rate will get the all-others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Hangzhou Evernew Machinery & Equipment Company / Zhejiang Yinghong Metalware Co., Ltd. | 220.95% |
| Xingyi Metalworking Technology (Zhejiang) Co., Ltd. | 22.82% |
| Hangzhou Xline Machinery & Equipment Co., Ltd. (also called Hangzhou Xline Machinery) | 22.82% |
| Jiangsu Wanlong Special Containers Co., Ltd. | 22.82% |
Commerce will instruct CBP to collect cash deposits of estimated CVD in the amounts calculated for the year 2022 for the above-listed companies with regard to shipments of subject merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication of these final results, i.e., June 13.
(The period of review 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 2409110048 for a summary of the preliminary results of this administrative review.)