India Finished Steel Flanges: Final Results of CVD Admin Review
The Commerce Department has published the final results of its countervailing duty administrative review on finished carbon steel flanges from India (C-533-872). It said it made certain changes to its preliminary results, resulting in slightly lower assessment rates, and set new CVD cash deposit rates for 12 exporters. These final results will be used to set final assessments of CVD on importers for subject merchandise entered Jan. 1, 2022, through Dec. 31, 2022.
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Commerce rescinded the review for 30 companies, listed in Appendix III of the notice, as anticipated in the preliminary results.
New Cash Deposit Rates Take Effect June 13
New CVD cash deposit rates for the producers and exporters subject to his review take effect June 13, the date these final results were published in the Federal Register. The new rates, which also will apply for importer assessment purposes, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Norma (India) Ltd./USK Export Private Limited/Uma Shanker Khandelwal and Co./Bansidhar Chiranjilal | 2.02% |
| R.N. Gupta & Company Limited | 1.71% |
| Review Average Rate (Applicable to 10 companies) | 1.81% |
Review average rate. The review average CVD rate is applicable to 10 companies, which are listed in Appendix II of the notice.
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 2409170002 for a summary of the preliminary results of this administrative review.)