India Fine Denier PSF: Final Results of CV Admin Review
The Commerce Department on July 12 released the final results of the countervailing duty administrative review on fine denier polyester staple fiber from India (C-533-876). Commerce assigned the only company under review, Reliance Industries Ltd., a CV rate of 6.88%, slightly higher than the rate in the preliminary results of this review. Commerce will set final assessments of CV duties on importers for subject merchandise from Reliance entered Jan. 1, 2020, through Dec. 31, 2020. The new 6.88% CV duty cash deposit rate takes effect for entries from Reliance on or after July 13, the date these results are set to be published in the Federal Register.
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Companies that didn't get a rate in this review will keep their most recently assigned cash deposit rate. If the exporter has never been assigned its own CV rate but the manufacturer has, the rate assigned to the manufacturer applies. For merchandise manufactured and exported by companies that have never been assigned a cash deposit rate by Commerce, the all-others rate applies.
(The review period is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2203070036 for a summary of the preliminary results of this review.)