Russia Sodium Nitrite: Prelim CV Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of sodium nitrite from Russia (C-821-837), 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 April 15, 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 sodium nitrite from Russia, as well as antidumping and countervailing duties on sodium nitrite from India and Russia. Commerce recently postponed its CV duty preliminary determination on India until June 13 (see 2203170037).
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Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after April 15, 2022. Preliminary CV cash deposit rates will be required as follows:
| Company | CV Rate |
|---|---|
| UralChem, JSC | 386.24% |
| All Others | 386.24% |
(The period of investigation is 01/01/21 - 12/31/21. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2202070025 for a summary of the initiation of this CV duty investigation, and 2201180052 for the underlying petition.)