Commerce to Require CV Duty Cash Deposits on MSG From China; None Yet for Indonesia
The Commerce Department will require cash deposits of estimated countervailing duties on monosodium glutamate from China, but will not yet require cash deposits on Indonesian MSG, it said in a March 5 fact sheet announcing its preliminary CV duty determinations.…
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For China, Commerce set CV duty cash deposit rates at 13.41% to 404.03%, depending on the exporter, beginning on the date Commerce publishes its affirmative preliminary determination. But Commerce's negative preliminary determination for Indonesia means imports from that country will avoid cash deposit requirements for the time being. Commerce's antidumping duty preliminary determinations are due in early May, at which time Commerce may suspend liquidation and require AD duty cash deposits. The agency's final decision on CV duties is also due in May. ITT will provide more details on Commerce's preliminary determinations once they are published in the Federal Register.