India Circular Welded Pipe: High CV Rates Continue in Final Determination
The International Trade Administration issued its final affirmative countervailing duty determination on circular welded pipe from India (C-533-853), which continues to find a CV rate of 285.95 percent for all Indian exporters. Although this final determination takes effect Oct. 22, the ITA will only require CV cash deposits of estimated CV duties if it issues a CV order.
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(The ITA has also issued a final affirmative determination in the companion antidumping duty determination. See ITT's Online Archives 12101927 for summary.)
CV Liq Susp/Cash Deposit thru July 27
The ITA has instructed CBP to continue the suspension of liquidation of all entries from March 30 through July 27.
CV Liq Reinstated and No CV Cash/Bond as of July 28
The ITA has also instructed CBP to discontinue the suspension of liquidation for CV duty purposes and the collection of CV duty cash deposits or bonds for subject merchandise entered on or after July 28.
CV Liq to be Suspended Again & CV Cash Deposit Required if Order Issued
The ITA will issue a CV duty order, reinstate the suspension of liquidation, and require a cash deposit of estimated CV duties for entries of subject merchandise at the CV rates listed below if the International Trade Commission issues a final affirmative injury determination:
| Exporter/Manufacturer | CV Rate |
|---|---|
| Lloyds Metals and Engineers Ltd. | 285.95% |
| Zenith Birla (India) Ltd. | 285.95% |
| All Others | 285.95% |
(Note that there is no CV duty liability during the "gap period" of July 28 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(The period of investigation is 01/01/10 -- 12/31/10. See ITA’s notice for more information, including the scope of the order (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, etc. See ITT’s Online Archives 12032935 for summary of the preliminary determination of this investigation.)
(See ITT’s Online Archives 12101720 for summary of ITA fact sheet on this final determination.)
ITA Contact - Shane Subler (202) 482-0189
(FR Pub 10/22/12)