CBP Posts FY2015 Byrd Collections and Payouts
CBP posted its fiscal year 2015 Continued Dumping and Subsidy Offset Act (also known as the "Byrd Amendment") annual report. Among other things, CBP lists $74.8 million in antidumping or countervailing duties that are awaiting collection and then disbursement, which will occur in the year in which the monies are received.
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This report contains three sections:
- FY 2015 Annual Disbursement Report. This report contains information on the disbursements for FY 2015 and includes case number, case name, the number CBP assigned to each certification, claimant name, dollar amount certified, allocation percentage, and dollar amount paid. CBP disbursed a total of about $15.8 million for the year. The disbursement report is (here).
- Uncollected Duties for FY 2015. This report lists the amount of uncollected duties on each case as of Sept. 30. Only uncollected duties on entries filed prior to October 1, 2007 which liquidated during Fiscal Year 2015 appear on this report. The total listed for AD/CV duties is $74.8 million. This section is (here).
- FY 2015 Clearing Account Balances as of Oct. 1, 2015. This report lists the amounts contained in the Clearing Account for each CDSOA eligible case. These amounts represent estimated antidumping and countervailing duties filed with the entry prior to Oct. 1, 2007. These are preliminary numbers and may be refunded at liquidation to the importer of record based upon Commerce’s final determination on the case, which may not occur during the current year. Funds do not transfer from the Clearing Account to the Special Account for CDSOA distribution until liquidation occurs. The Clearing Account does not include additional duty assessed at liquidation or reliquidation. The total listed for AD duties is $38.5 million and the total listed for CV duties is $1.9 million. This section is (here).