India File Folders: Prelim CV Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of paper file folders from India (C-533-911), after finding illegal subsidization of Indian 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 March 20, the date 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 paper file folders from India, as well as on paper file folders from China and Vietnam. The agency's preliminary AD determinations are currently due May 10.
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Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after March 20, 2023. Preliminary CV cash deposit rates will be required as follows:
| Company | CV Rate |
|---|---|
| Navneet Education Limited | 3.65% |
| Lotus Global Pvt. Ltd. | 59.26% |
| All Others | 3.65% |
(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 2211160058 for a summary of the initiation of this CV duty investigation.)