Commerce to Require AD Duty Cash Deposits on PET Resin From Canada, China, India and Oman
The Commerce Department will require cash deposits of estimated antidumping duties on polyethylene terephthalate resin from Canada, China, India and Oman, it said in an Aug. 10 fact sheet announcing its preliminary CV duty determinations (here). Commerce set AD duty…
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cash deposit rates at 13.29 percent for Canada, 123.29 percent to 145.14 percent for China, and 6.62 percent for Oman, beginning on the date Commerce publishes its affirmative preliminary determination in the Federal register. For India, AD duty cash deposit requirements of up to 14.28 percent will be retroactive 90 days before the publication date of Commerce's preliminary determination, because of the agency's finding of critical circumstances. ITT will provide more details on Commerce's preliminary AD duty determinations once they are published in the Federal Register.