China Seamless Pipe: ITA Amends Final CV Determination, Issues CV Order
The International Trade Administration is amending its final countervailing duty determination and issuing a CV duty order on seamless carbon and alloy steel standard, line, and pressure pipe (seamless pipe) from China (C-570-957).
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
The ITA is amending its final CV determination to correct certain ministerial errors in its calculation of the CV margin for Hengyang, which also affects the estimated CV duty rate for "all others."
CV Liquidation, Cash Deposits Refunded Prior to Final ITC Determination
Because the International Trade Commission's final injury determination is based on the threat of material injury and is not accompanied by findings that injury would have resulted, but for the imposition of suspension of liquidation of entries since the preliminary determination, U.S. Customs and Border Protection is required to release any bond or other security, and refund any cash deposit of estimated CV duties posted from the ITA's preliminary determination until the publication of the ITC's final determination of threat of material injury.
Therefore, the ITA will instruct CBP to terminate the CV suspension of liquidation for entries of seamless pipe from China with a time of entry prior to June 29, 2010 (the date the ITA previously instructed CBP to discontinue the CV suspension of liquidation).
The ITA will also instruct CBP to refund any estimated CV cash deposits made and release any bonds posted between the publication of the ITA’s preliminary determination on March 1, 2010 through June 28, 2010 for TPCO; and on December 1, 2009 through June 28, 2010 for Hengyang and "all others" (as critical circumstances were previously found for these companies).
CV Suspension of Liquidation Reinstituted Nov 10 and After
The ITA will direct CBP to reinstitute the CV suspension of liquidation for all entries of subject merchandise from China with a time of entry on or after November 10, 2010 (the publication date of the ITC’s final threat of injury determination).
Estimated CV Cash Deposits Effective Nov 10
The ITA will also instruct CBP to require, at the same time as importers would normally deposit estimated duties on this merchandise, CV cash deposits on entries of subject merchandise from China with a time of entry on or after November 10, 2010 (the publication date of the International Trade Commission’s final injury determination) at the following revised estimated CV duty rates:
| Exporter/Manufacturer | Estimated CV Rate (Cash Only) |
|---|---|
| Tianjin Pipe (Group) Corp.; Tianjin Pipe Iron Manufacturing Co., Ltd.; Tianguan Yuantong Pipe Product Co., Ltd.; Tianjin Pipe International Economic and Trading Co., Ltd.; and TPCO Charging Development Co., Ltd. (collectively, TPCO) | 13.66% (unchanged) |
| Hengyang Steel Tube Group Int’l Trading, Inc.; Hengyang; Valin Steel Tube Co., Ltd.; Hengyang Valin MPM Tube Co., Ltd.; Xigang Seamless Steel Tube Co., Ltd.; Wuxi Seamless Special Pipe Co., Ltd.; Wuxi Resources Steel Making Co., Ltd.; Jiangsu Xigang Group Co., Ltd.; Hunan Valin Xiangtan Iron & Steel Co., Ltd.; Wuxi Sifang Steel Tube Co., Ltd.; Hunan Valin Steel Co., Ltd.; and Hunan Valin Iron & Steel Group Co., Ltd. (collectively, Hengyang) | 56.67% (from 53.65%) |
| All Others | 35.17% (from 33.66%) |
(See ITA notice for additional information, including the scope of the order, etc.
See today's ITT, 10111014, for BP summary of the companion amended final AD duty determination and order.
See ITT’s Online Archives or 09/21/10 news, 10092107, for BP summary of the original final CV duty determination.)
Contact -- Shane Subler (202) 482-0189
(FR Pub 11/10/10, ITA Case No. C-570-957)
The ITC’s final threat of injury determination (FR Pub 11/10/10) is available here.