CBP Advises Filers to Use PSCs for Canadian Softwood Lumber Entries
Shipments of Canadian softwood lumber subject to new countervailing duties and entered as an "01" entry on or after Jan. 28 should be updated through Post Summary Corrections, the Industrial and Manufacturing Materials Center of Excellence and Expertise said in a May 9 public information notice. The Commerce Department imposed new duties on such lumber last month (see 1704250034) and CBP issued a subsequent AC/CVD message (here). "This message has a great impact on the softwood lumber industry," CBP said.
Sign up for a free preview to unlock the rest of this article
Export Compliance Daily combines U.S. export control news, foreign border import regulation and policy developments into a single daily information service that reliably informs its trade professional readers about important current issues affecting their operations.
CBP will require "entries that are entered or withdrawn from warehouse for consumption on or after January 28, 2017, ... to be changed to entry type '03' entries, with the CVD case added to the entries, and the submission of cash deposits equal to the subsidy rates listed in the message," it said. "The IMM Center is recommending that Post Summary Corrections (PSCs) be filed and corresponding payments submitted to the ports" for entries that were submitted as entry type "01" on or after Jan. 28, it said. The IMM Center also recommended that such claims be submitted by July 7.
For producers/exporters that Commerce found critical circumstances not to exist, "entries for shipments that crossed the border after April 28, 2017, must be submitted as entry type '03', with the CVD case added, and cash deposits paid," it said. There are no retroactive corrections to be made for entries submitted prior to April 28 for these producers/exporters, the CEE said.
Email ITTNews@warren-news.com for a copy of the IMM Center's notice.