India Fine Denier PSF: Prelim Results of CV Admin Review
The Commerce Department released the preliminary results of its countervailing duty administrative review on fine denier polyester staple fiber from India (C-533-876). The agency calculated a CV rate of 5.82% for the only company under review, Reliance Industries Limited. Any changes to Reliance's cash deposit rate would take effect on the publication date of the final results of this review. In the final results, Commerce will also set assessment rates for subject merchandise from Reliance entered Jan. 1, 2020, through Dec. 31, 2020.
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Commerce will order liquidation “as entered” at the cash deposit rate in effect at the time of entry for subject merchandise entered Jan. 1, 2020, through Dec. 31, 2020, that was exported by companies that are not under review (currently all except Reliance) (ADCVDWeb Message # 1160417)
(The period of review is 01/01/20 - 12/31/20. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.).