Taiwan NOES: Prelim CV Cash Deposit Rates Take Effect
A countervailing duty cash deposit requirement will take effect March 25 for some imports of non-oriented electrical steel from Taiwan (C-583-852), after the Commerce Department found illegal subsidization of some Taiwanese producers in its preliminary determination. The agency calculated CV duty rates ranging from zero to 12.82 percent.
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For entries from the China Steel Corp., which got the zero percent CV duty rate, Commerce will not suspend liquidation, and no CV cash deposit requirements will take effect until further notice. If China Steel Corp. continues to get a zero rate in the final determination, it will be indefinitely excluded from CV duties on NOES from Taiwan. China Steel Corp. may still become subject to antidumping duty cash deposit requirements when Commerce issues its preliminary AD duty determination in May (see 14031118).
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise from Taiwan (except for entries from China Steel Corp.) that are entered, or withdrawn from warehouse, for consumption on or after March 25. Preliminary CV cash deposit rates are as follows:
| Company | Prelim CV Rate |
| China Steel Corp., HiMag Magnetic Corp., and China Steel Global Trading Corp. | zero |
| Leicong Industrial Co., Ltd. | 12.82% |
| All Other Taiwanese Companies | 6.41% |
(The period of investigation is 01/01/2012 - 12/31/2012. See Commerce’s notice for more information, including the scope (unchanged since initiation), suspension of liquidation, etc. See 13111317 for summary of the initiation of this CV duty investigation, and 13101707 for summary of the underlying petition.)
AD/CVD Operations contact -- Patricia Tran (202) 482-1503
(Federal Register 03/25/14)