India PET Film: Prelim Results of AD Admin Review
The Commerce Department has published the preliminary results of its antidumping duty administrative review on polyethylene terephthalate film, sheet, and strip (PET film) from India (A-533-824). Rates calculated in this review will be used to set assessment rates for importers of subject merchandise from two producers and exporters that was entered July 1, 2021, through June 30, 2022.
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This review covers Jindal Poly Films Ltd. (Jindal) and SRF Limited of India (SRF), producers and exporters of PET film from India. Commerce has preliminarily determined that SRF, the sole mandatory respondent, did not make sales of subject merchandise below normal value during the review period.
Commerce initiated a review of eight separate companies in this proceeding. It determined to rescind this administrative review with respect to five of the eight companies: (1) Ester Industries Ltd.; (2) Garware Polyester Ltd.; (3) MTZ Polyesters Ltd.; (4) Uflex Ltd.; and (5) Vacmet India, because all review requests for these companies were withdrawn in a timely manner. That left Jindal and SRF as the two companies remaining subject to the review.
Cash Deposit Requirements
Once Commerce issues its final results, new AD duty cash deposit requirements may take effect for some companies, beginning on the date of publication of the final results in the Federal Register. No cash deposit will be required if the results of this preliminary review are upheld in the final review, as follows:
| Exporter | AD Rate (Prelim) |
|---|---|
| Jindal Poly Films Ltd. | zero |
| SRF Limited of India | zero |
| Polyplex Corporation* | zero |
*This company was erroneously listed as partially rescinded in the original preliminary results, but Commerce issued a notice Nov. 24 correcting the preliminary results to say Polyplex was preliminary assigned a zero AD rate (see 2311220032).
For companies not listed, the cash deposit rate will continue to be the company-specific rate published for the most recent period. If the exporter is not a firm covered in this review, but the manufacturer is, the cash deposit rate will be the rate established for the most recent period for the manufacturer of the merchandise. The cash deposit rate for all other manufacturers or exporters is 5.71%.
Assessment Rates
As part of this administrative review, Commerce will also calculate final AD assessments on importers of subject merchandise exported by the companies under review that was entered July 1, 2021, through June 30, 2022. If these preliminary results are confirmed in the final results, importers of subject merchandise from Jindal, SRF and Polyplex would be liquidated without regard to AD.
(The period of review is 07/01/21 - 06/30/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)