CV: China Prestressed Concrete Steel Wire Strand
According to a U.S. Customs and Border Protection message, effective March 2, 2010, the International Trade Administration discontinued the suspension of liquidation for countervailing duty purposes for prestressed concrete steel wire strand from China.
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CV Suspension of Liquidation, Cash Deposit Not Resumed Unless Order Issued
CBP field offices have been instructed to discontinue the suspension of liquidation for CV duty purposes on all shipments of PC strand from China with a time of entry on or after March 2, 2010 (which is 120 days after the date of publication of the preliminary determination). ITA sources have stated that when the suspension of liquidation is discontinued, the CV cash deposit/bond requirement is also discontinued.
This suspension of liquidation will not be resumed unless and until the ITA publishes a CV duty order in this case.
(ITA sources have previously stated that entries of subject merchandise during the period from the date the suspension is discontinued to the day before the effective date of the order (if one is issued) are not subject to any CV duties.)
In addition, CBP states that field offices are to continue to suspend liquidation for CV duty purposes on all shipments with a time of entry during the period November, 2009 through March 1, 2010, until the conclusion of the CV duty investigation.
AD Suspension of Liquidation, AD Cash Deposits/Bonds Unaffected
The discontinuation of the CV suspension of liquidation and cash deposit/bond requirements in this investigation do not affect the requirements of a cash deposit or bond on entries subject to the suspension of liquidation announced in the ITA's preliminary determination in the companion antidumping duty investigation of PC strand from China.
(See CBP's message for more information, including the scope of the investigation. See ITT's Online Archives or 11/02/09 news, 09110240, for BP summary of the ITA's preliminary affirmative CV duty determination.)
CBP Message No. 0091303 (dated 04/01/10) available at http://addcvd.cbp.gov/detail.asp?docID=0091303&qu=prestressedconcrete&vw=detail