China Frozen Shrimp: CV Rates Rise in Commerce's Final Determination
The Commerce Department issued its final affirmative countervailing duty determination on frozen warmwater shrimp from China (C-570-989). The agency raised CV rates for all Chinese exporters of subject merchandise . The new rates take effect Aug. 19.
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Suspension of Liquidation to Continue, But New Cash Deposit Rates
Commerce will direct CBP to continue to suspend liquidation on entries of subject merchandise from China entered on or after the date of the agency's preliminary determination, i.e., June 4. If the International Trade Commission finds injury in its final determination, Commerce will issue a CV duty order and assess CV duties on entries of subject imports. If the ITC doesn't find injury, the CV duty cash deposits will be refunded. In the meantime, Commerce will tell CBP to collect cash deposits at the following rates:
| Producer/Exporter | CV Rate |
|---|---|
| Zhanjiang Guolian Aquatic Products, Co., Ltd., Zhanjiang Guolian Feed Co., Ltd., Zhanjiang Guolian Aquatic Fry Technology Co., Ltd., Zhanjiang Guotong Aquatic Co., Ltd. | 18.16% (from 5.76%) |
| All Others | 18.16% (from 5.76%) |
(The period of investigation is 01/01/11 -- 12/31/11. See Commerce's notice for more information, including the scope of the order (unchanged since the preliminary determination), detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See 13060319 for summary of the preliminary determination of this investigation, and 13081402 for summary of Commerce's fact sheet on this final determination.)
AD/CVD Operations contact -- John Conniff (202) 482-1109
(Federal Register 08/19/13)