CV : China Lightweight Thermal Paper
The International Trade Administration has amended its final affirmative countervailing duty determination and has issued a CV duty order on lightweight thermal paper (LWTP) from China.
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
The ITA determined that it made ministerial errors in its calculations performed for the final determination for Guangdong Guanhao High-Tech Co. Ltd. (GG). As a result of correcting these errors for GG, other rates have also been amended.
CV Liquidation, Cash Deposits Refunded Prior to Final ITC Determination
Because the International Trade Commission's final injury determination is based on the threat of material injury and is not accompanied by findings that injury would have resulted, but for the imposition of suspension of liquidation of entries since the preliminary determinations, U.S. Customs and Border Protection is required to release any bond or other security, and refund any cash deposit of estimated CV duties posted from the ITA's preliminary determination until the publication of the ITC's final determination of threat of material injury.
Therefore, the ITA will instruct CBP to terminate the suspension of liquidation for entries of LWTP from China with a time of entry prior to November 20, 2008 (the publication date of the ITC's notice of final determination of threat of material injury), and refund any cash deposits made and release any bonds posted from March 14, 2008 (the publication date of the ITA's preliminary determination) through November 19, 2008.
Suspension of Liquidation, CV Cash Deposit Requirements Begin Nov. 20, 2008
Except for Shangahai Hanhong Paper Co. Ltd., to which the ITA has applied a de minimis CV duty rate, CV suspension of liquidation will be reinstituted for entries of LWTP from China with a time of entry on or after November 20, 2008.
The ITA will also instruct CBP to require, at the same time as importers would normally deposit estimated duties, CV cash deposits equal to the following net subsidy rates (except Shanghai Hanhong) for entries of LWTP with a time of entry on or after November 20, 2008:
| Exporter/Manufacturer | CV Subsidy Rate |
|---|---|
| Guangdong Guanhao High-Tech Co., Ltd. (GG) | 13.63% (from 13.17%) |
| Shanghai Hanhong Paper Co., Ltd. | (a) |
| Shenzhen Yuanming Industrial Development Co., Ltd. | 138.53% (from 137.25%) |
| MDCN Technology Co., Ltd. | 124.93% (from 123.65%) |
| Xiamen Anne Paper Co., Ltd. | 124.93% (from 123.65%) |
| All-Others | 13.63% (from 13.17%) |
(a) The ITA has found a de minimis CV duty rate of 0.57% for Shanghai Hanghong (which is unchanged from the original final determination); therefore, no CV duty cash deposit will be required for Shanghai Hanghong.
(See ITA notice for more information, including the scope of the order, etc.
See ITT's Online Archives or 10/03/08 news, 08100353, for BP summary of the ITA's final affirmative CV determination.
See ITT's Online Archives or 07/23/08 news, 08072360, for BP summary of CBP's liquidation instructions for the discontinuation of the suspension of liquidation for the subject CV duty order.
See today's issue of ITT, 08112650, for BP summary of the ITA's issuance of antidumping duty orders for LWTP from China and Germany.)
ITA contact -David Layton (202) 482-0371
ITA notice (FR Pub 11/24/08) available at http://edocket.access.gpo.gov/2008/pdf/E8-27978.pdf
ITC final injury determination (FR Pub 11/20/08) available at http://edocket.access.gpo.gov/2008/pdf/E8-27626.pdf