China Steel Nails: Bonding Ends for 2 Cos as AD New Shipper Review Rescinded
The International Trade Administration has issued notice of its final rescission of the antidumping new shipper review of certain steel nails from China (A-570-909) for Shanghai Colour Nail Co., Ltd. (aka, Shanghai Colour Nail Import & Export Co., Ltd.), and Wuxi Colour Nail Co., Ltd.. As a result, their temporary AD duty bonding option at the China-wide entity rate of 118.04% is being discontinued and instead must again be made as a cash deposit, effective December 5, 2011. CBP is expected to implement this change for these two companies soon.
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
(The period of review is 08/01/09 -- 08/05/10. See notice for additional details, including the reason for rescission (no bonafide sale), the application to these companies of the current China-wide entity cash deposit rate of 118.04% (as review rescinded), the assessment instructions, etc.
See ITT's Online Archives 11030345 for summary of most recent notice on this review, which extended the time limit for its completion.)
ITA contact - Ricardo Martinez Rivera (202) 482--4532
(FR Pub 12/04/11, ITA Case No. A--570--909)