China Freight Rail Couplers: Prelim CV Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of freight rail coupler systems from China (C-570-144), after finding illegal subsidization of Chinese producers in the preliminary determination of its CV duty investigation. Suspension of liquidation and cash deposit requirements will take effect for entries on or after March 7, the date that the preliminary determination is scheduled to be published in the Federal Register.
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Commerce is also considering the imposition of antidumping duties on freight rail coupler systems from China. The agency's preliminary AD duty determination is currently due March 8, the CV duty notice said.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after March 7, 2022. Preliminary CV cash deposit rates will be required as follows:
| Company | CV Rate |
|---|---|
| Chongqing Tongyao Transportation Equipment Co. | 265.99% |
| CRRC Corp. Ltd. | 265.99% |
| CRRC Qiqihar Co., Ltd. | 265.99% |
| China Railway Materials Group Co., Ltd. | 265.99% |
| Shaanxi Haiduo Railway Technology Development Co., Ltd. | 265.99% |
| All Others | 265.99% |
(The period of investigation is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2110220029 for a summary of the initiation of this CV duty investigation, and 2110040037 for the underlying petition.)