China Wood Flooring: Final Results of CVD Admin Review
The Commerce Department has published the final results of its countervailing duty administrative review on multilayered wood flooring from China (C-570-971). The agency set new CVD cash deposit rates for five Chinese producers and exporters. These final results will be used to set final assessments of CVD on importers for entries during the period Jan. 1, 2022, through Dec. 31, 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.
New Cash Deposit Rates Take Effect Sept. 19
New CVD cash deposit rates for the producers and exporters still subject to this review take effect Sept. 19. Companies that didn't get a rate in this review will continue to get 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 |
|---|---|
| Riverside Plywood Corp. / Baroque Timber Industries (Zhongshan) Co., Ltd. / Suzhou Times Flooring Co., Ltd. / Zhongshan Lianjia Flooring Co., Ltd. | 10.51% |
| Huzhou Fulinmen Imp. & Exp. Co., Ltd. | 430.38% |
| Tongxiang Jisheng Import and Export Co., Ltd. | 430.38% |
| Benxi Wood Company | 10.51% |
| Dalian Jaenmaken Wood Industry Co., Ltd. | 10.51% |
(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 2503200001 for a summary of the preliminary results of this administrative review.)