India Steel Cylinders: Prelim CV Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of non-refillable steel cylinders from India (C-533-913), after finding illegal subsidization of Indian producers in the preliminary determination of its CVD investigation. Suspension of liquidation and cash deposit requirements take effect for entries on or after Sept. 29.
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Commerce also is considering the imposition of antidumping duties on non-refillable steel cylinders from India. The agency's preliminary AD determination is currently due Nov. 24.
CV Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after Sept. 29. Preliminary CVD cash deposit rates will be required as follows:
| Company | CV Rate |
|---|---|
| Bhiwadi Cylinders Private Limited / Sapphire (India) Private Limited | 1.91% |
| Inox India Ltd. | 1.74% |
| All other companies | 1.83% |
(The period of investigation is 04/01/22 - 03/31/23. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2305230025 for a summary of the initiation of this CV duty investigation.)