India Pressure Pipe: Prelim CV Cash Deposit Rates Take Effect
Countervailing duty cash deposit requirements take effect March 11 for imports of welded stainless pressure pipe from India (C-533-868), after the Commerce Department found illegal subsidization in its preliminary determination (here).
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Pressure pipe from India is also the subject of an antidumping duty investigation. The preliminary AD duty determination is currently due May 3 (see 1603030034).
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce will instruct CBP to suspend liquidation for all entries of subject merchandise that are entered, or withdrawn from warehouse, for consumption on or after March 11. It will require CV duty cash deposits at the following rates:
| Company | CV Rate |
|---|---|
| Steamline Industries Limited | 2.96% |
| Sunrise Stainless Private Limited, Sun Mark Stainless Pvt. Ltd., and Shah Foils Ltd. | 6.21% |
| All Others | 4.55% |
(The period of investigation is 01/01/14 - 12/31/14. See Commerce's notice for more information, including the scope (unchanged since initiation), suspension of liquidation, etc. See 1510260008 for summary of the initiation of this CV duty investigation, and 1510020024 for summary of the underlying petition.)
AD/CVD Operations contact -- Andrew Medley (202) 482-4987
Federal Register 03/11/16)