India PET Film: Prelim Results of AD Admin Review
The Commerce Department has released 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 producers and exporters that was entered July 1, 2023, through June 30, 2024.
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Commerce said eight companies for which a review was requested timely withdrew the requests, so the review is rescinded for them: Chiripal Poly Films Limited; Ester Industries Limited; Garware Hi-Tech Films Limited; Jindal Poly Films Ltd. and Jindal Poly Films Ltd. (India); JPFL Films Private Ltd.; Polyplex Corporation Limited; SRF Limited; and Vacmet India Limited.
That left one company under review.
Commerce ordered liquidation “as entered” at the cash deposit rate in effect at the time of entry for subject merchandise from exporters for which a review was not requested, in a message to CBP (ADCVDWeb Message # 4268403).
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. A cash deposit will be required if the results of this preliminary review are upheld in the final review, as follows:
| Exporter | AD Rate (Prelim) |
|---|---|
| Cosmo First Limited | 24.14% |
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 also will calculate final AD assessments on importers of subject merchandise exported by the companies under review that was entered July 1, 2023, through June 30, 2024. If these preliminary results are confirmed in the final results, importers of subject merchandise from Cosmo would be assessed AD at the rate listed above.
(The period of review is 07/01/23 - 06/30/24. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)