China Solar Cells: Commerce Lowers CV Duty Cash Deposit Rates for 4 Companies
The Commerce Department is amending countervailing duty cash deposit rates for some exporters subject to CV duties on crystalline silicon solar cells from China (C-570-980), it said in a notice implementing a recent Court of International Trade decision that invalidated rates the agency set in the final results of an administrative review it issued in 2019 (see 1908270017 and 1912120048). Commerce is lowering cash deposit rates for four companies that have not received new CV duty cash deposit rates in subsequent reviews as a result of the decision, according to the notice released June 2. Changes are applicable to entries on or after May 29, 2022, as follows:
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| Company | CV Rate |
|---|---|
| Chint Solar (Zhejiang) Co., Ltd. | 5.17% |
| Shenzhen Glory Industries Co., Ltd. | 5.17% |
| Yancheng Trina Solar Energy Technology Co., Ltd. | 5.17% |
| Zhejiang Sunflower Light Energy Science & Technology Ltd. | 5.17% |
Commerce is also amending CV duty rates it set for 44 other companies in the final results as a result of the CIT decision, but cash deposit requirements will not change for these companies (which include Canadian Solar Inc. and Jinko Solar) because they have all had new rates set in more recent administrative reviews (see 2012080030, 2104010036 and 2108270035). The changes for these 44 exporters will affect only importer assessments for subject merchandise entered in calendar year 2016. See Commerce's notice for the full list.