China Wood Flooring: Final Results of CVD Admin Review
The Commerce Department has published the final results of its countervailing duty administrative review on multilayered wood flooring from China (C-570-971). The agency set new CV duty cash deposit rates for 14 Chinese producers and exporters. These final results will be used to set final assessments of CV duties on importers for entries between Jan. 1, 2021, through Dec. 31, 2021.
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New Cash Deposit Rates Take Effect May 14
New CV duty cash deposit rates for the producers and exporters still subject to his review take effect May 14. Companies that didn't get a rate in this review will continue to get their most recently assigned cash deposit rate, and companies that have never been assigned a CV duty rate will get the all-others rate. The new rates, which will also apply for importer assessment purposes, are as follows:
| Producer/Exporter | CVD Rate |
|---|---|
| Riverside Plywood Corp. / Baroque Timber Industries (Zhongshan) Co., Ltd. / Suzhou Times Flooring Co., Ltd. / Zhongshan Lianjia Flooring Co., Ltd. | 30.85% |
| Jiangsu Senmao Bamboo and Wood Industry Co., Ltd. | 5.39% |
| Review Average Rate (Applicable to 12 companies) | 21.97% |
Review average rate. The review average rate of 21.97% is applicable to 12 companies listed in Appendix II of Commerce's notice. The appendix contains the full list.
(The review period is 01/01/21 - 12/31/21. See Commerce's notice for more information, including the scope of the order, detailed cash deposit and assessment instructions, etc. See 2312270038 for a summary of the preliminary results of this administrative review.)