India PET Film: Prelim Results of CVD Admin Review
The Commerce Department has released the preliminary results of its 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, 2021, through Dec. 31, 2021.
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Commerce received timely filed requests for withdrawal from review of Ester Industries Ltd.; Garware Polyester Ltd.; Vacmet India Ltd.; MTZ Polyesters Ltd.; Uflex Ltd.; SRF; and Polyplex. No other party requested a review of these companies, so Commerce is rescinding the review of the order with respect to the seven companies.
Jindal Poly Films Limited was the only company for which the review request was not withdrawn, so Commerce selected it as the sole mandatory respondent and set a preliminary CVD cash deposit rate for Jindal Poly of 116.96%. New CVD cash deposit requirements may take effect beginning on the date of publication of the final results in the Federal Register.
For all non-reviewed firms, CBP will continue to collect cash deposits of estimated CVD at the most recent company-specific or all-others rate applicable to the company, as appropriate.
(The period of review is 01/01/21 - 12/31/21. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)