India PET Film: Prelim Results of CV Admin Review
The Commerce Department published the preliminary results of a countervailing duty administrative review of polyethylene terephthalate film, sheet and strip (PET film) from India (C-533-825). This review covers subject merchandise from the exporters under review entered during the period Jan. 1, 2020, through Dec. 31, 2020.
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Commerce received timely filed requests for withdrawal from review of MTZ Polyesters Ltd., Uflex Ltd. and Vacmet India Ltd. No other party requested a review of these companies, so Commerce is rescinding the review of the order with respect to MTZ, Uflex and Vacmet.
There are four companies for which a review was requested and not rescinded, and which were not selected as mandatory respondents. The statute and Commerce's regulations do not directly address the establishment of rates to be applied to companies not selected for individual examination where Commerce limits its examination in an administrative review pursuant to Section 777A(e)(2) of the Tariff Act of 1930.
Cash Deposit Requirements
For companies that remain subject to review, new CV duty cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register. Commerce preliminarily calculated the following CV duty cash deposit rates:
| Producer/Exporter | CV Rate (Prelim) |
|---|---|
| SRF Limited | 3.52% |
| Review-Specific Average Rate Applicable to the Following Companies | |
| Ester Industries Limited | 3.52% |
| Garware Polyester Ltd. | 3.52% |
| Jindal Polyester Ltd. | 3.52% |
| Polyplex USA | 3.52% |
For all non-reviewed firms, CBP will continue to collect cash deposits of estimated countervailing duties at the most recent company-specific or all-others rate applicable to the company, as appropriate.
(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.)