Argentina White Grape Juice: Prelim CV Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of white grape juice concentrate from Argentina (C-357-826), after finding illegal subsidization of Argentine producers in the preliminary determination of its CV duty investigation. Suspension of liquidation and cash deposit requirements will take effect for entries on or after Sept. 6, the date that the preliminary determination is scheduled to be published in the Federal Register.
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!
Commerce is also considering the imposition of antidumping duties on white grape juice concentrate from Argentina. The agency's preliminary AD duty determination is currently due Oct. 27 (see 2208230064).
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after Sept. 6. Preliminary CV cash deposit rates will be required as follows:
| Company | CV Rate |
|---|---|
| Cepas Argentinas S.A. and San Lamberto Inversiones S.A. | 3.71% |
| Federacion de Cooperativas Vitivinicolas Argentinas Coop. Ltda (aka Fecovita) | 7.16% |
| All Others | 5.54% |
(The period of investigation is 01/01/21 - 12/31/21. See Commerce's notice for more information, including the scope (unchanged), suspension of liquidation, etc. See 2204260025 for a summary of the initiation of this CV duty investigation, and 2204050029 for the underlying petition.)