China Hardwood Plywood: Commerce Issues Final CV Determination
The Commerce Department issued its final affirmative countervailing duty determination on hardwood and decorative plywood from China (C-570-987). Although this final determination takes effect Sept. 23, Commerce will only require CV cash deposits of estimated CV duties if it issues a CV order.
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(Commerce also issued a final affirmative determination in the companion antidumping duty investigation (see 13092027).)
CV Susp/Cash Deposit thru July 11
Commerce will instruct CBP to continue the suspension of liquidation of all entries from March 14, 2013, through July 11, 2013.
CV Liq Reinstated and No CV Cash/Bond as of July 12
Commerce previously 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 12.
CV Liq to be Suspended Again & CV Cash Deposit Required if Order Issued
Commerce 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 revised CV rates listed below if the International Trade Commission issues a final affirmative injury determination. Because the subsidy rates for Dongfang, San Fortune, and Senda are de minimis, those companies would not be subject to any CV duty order.
| Producer/Exporter | CV Rate |
|---|---|
| Linyi City Dongfang Jinxin Economic & Trade Co., Ltd | de minimis |
| Linyi San Fortune Wood Co., Ltd. | de minimis |
| Shanghai Senda Fancywood Inc. a/k/a Shanghai Senda Fancywood Industry Co. | de minimis |
| Asia Dekor (Heyuan) Woods Co., Ltd. | 27.16% |
| Baishan Huafeng Wooden Product Co. | 27.16% |
| China Friend Limited | 27.16% |
| Feixian Guangyuan Plywood Factory | 27.16% |
| Feixian Xinfeng Wood Co Ltd. | 27.16% |
| Huzhou Chen Hang Wood Co. Ltd. | 27.16% |
| Jiafeng Wood (Suzhou) Co., Ltd. | 27.16% |
| Linyi Guoxin Wood Co., Ltd. | 27.16% |
| Linyi Huayuan Wood Co., Ltd. | 27.16% |
| Linyi Sengong Wood Co., Ltd. | 27.16% |
| Lizhong Wood Industry Limited Co. | 27.16% |
| Shandong Lichen Group Co., Ltd. | 27.16% |
| Wellmade Floor Industries Co. Ltd. | 27.16% |
| Zhejiang Dadongwu GreenHome Wood Co. | 27.16% |
| Zhejiang Desheng Wood Industry Co., Ltd. | 27.16% |
| All Others | 13.58% |
(Note that there is no CV duty liability during the "gap period" of July 12 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(The period of investigation is 01/01/11 -- 12/31/11. See Commerce's notice for more information, including the scope of the order, detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See 13031312 for summary of the preliminary determination of this investigation.
AD/CVD Operations contact -- David Lindgren (202) 482-3870
(FR Pub 09/26/13)