India PTFE Resin: Final Results of CVD Admin Review
The Commerce Department has released the final results of a countervailing duty administrative review on granular polytetrafluoroethylene (PTFE) resin from India (C-533-900). The review covered subject merchandise from the exporters under review entered during calendar year 2023.
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 said it made no changes to the rates calculated in the preliminary results of this review. The new CVD cash deposit rates take effect Sept. 19.
The agency calculated a final rate of 5.16% for Gujarat Fluorochemicals Limited (and its cross-owned affiliate Inox Leasing and Finance Limited), the only company under review.
For all non-reviewed firms, Commerce will instruct CBP to continue to collect cash deposits of estimated countervailing duties at the most recent company-specific rate applicable to the company, or at the all-others rate, i.e., 5.39%, as appropriate.
(The period of review is 01/01/23 - 12/31/23. See the notice for additional information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2504120002 for the preliminary results of this countervailing duty administrative review.)