Trade Court Upholds Commerce's Classification of Co.'s Suspension Losses as G&A Expenses
The Court of International Trade in a July 14 opinion upheld the Commerce Department's remand results in a case on the 2017-18 review of the antidumping duty order on welded line pipe from South Korea. Judge Claire Kelly said that…
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Commerce adequately explained its decision to reject exporter Nexteel's accounting method and classify the company's losses related to the suspension of its production lines as general and administrative expenses instead of costs of goods sold. The judge also said Commerce answered the court's previous questions on which of Nexteel's production lines were suspended during which parts of the review period and on whether the agency differentiates among suspension periods based on when they occur in the review period.