China Car and Truck Tires: Details of CV Duty Order, Amended Rates
The Commerce Department issued a countervailing duty order on passenger vehicle and light truck tires from China (C-552-017) (here). The order details a "gap period" of no CV duty liability of March 31 - Aug. 5.
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With the issuance of this order, CV duties on passenger vehicle and light truck tires from China become permanent, and can only be ended under certain conditions, like a sunset review or a changed circumstances review. Commerce will now begin conducting annual administrative reviews on exporters, if requested, to determine final assessments of CV duties and make changes to CV duty cash deposit rates.
Gap Period of No CV Suspension of Liq or CV Duties for March 31 - Aug. 5
For this investigation, the four-month provisional measures period for which the CV suspension of liquidation may remain in effect before the order is issued began on Dec. 1 (the publication date of the preliminary determination) and ended March 31, the date Commerce instructed CBP to terminate suspension of liquidation.
Because the International Trade Commission's final affirmative injury determination wasn't published until Aug. 6, Commerce said all entries of subject merchandise between March 31 and Aug. 5 (the gap period) are not liable for CV duty assessment.
(For entries from Dec. 1 through March 30, suspension of liquidation and CV duty liability remains in effect.)
CV Suspension of Liq Instructions
Suspension of liquidation resumes for all entries of subject merchandise from China with a time of entry on or after Aug. 6, the publication date of the final ITC affirmative injury determination.
CV Cash Deposit Instructions
Commerce will instruct CBP to require, at the same time as importers deposit estimated duties, a cash deposit equal to the CV duty rates listed below:
| Company | CV Rate |
|---|---|
| GITI Tire (Fujian) Co., Ltd., GITI Tire (China) Investment Company Ltd., GITI Radial Tire (Anhui) Company Ltd., GITI Tire (Hualin) Company Ltd., GITI Steel Cord (Hubei) Company Ltd., Anhui Prime Cord Fabrics Company Ltd., GITI Tire Corporation, GITI Tire (Anhui) Company Ltd., GITI Greatwall Tire (Yinchuan) Company Ltd., GITI Steel Cord (Anhui) Company Ltd., Anhui Prime Cord Weaving Company Ltd., and Anhui Prime Cord Twisting Company Ltd. | 36.79% |
| Cooper Chengshan (Shandong) Tire Co., Ltd. | 20.73% |
| Shandong Yongsheng Rubber Group Co., Ltd. | 116.33% (from 100.37%%) |
| All Others | 30.61% |
ITC final injury determination (Federal Register 08/06/15) is available (here).
(See notice for additional details, including the full scope description, etc. See 1507140022 for summary of ITC vote on injury, and 1506170016 for summary of Commerce's final determination.)
(Federal Register 08/10/15)