CV: China Certain Ribbons with Woven Selvedge
The International Trade Administration has issued a fact sheet announcing its upcoming preliminary affirmative determination that countervailable subsidies are being provided to producers and exporters of narrow woven ribbons with woven selvedge from China.
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CV Liquidation to be Suspended Upon Federal Register Publication
The ITA will direct U.S. Customs and Border Protection to suspend liquidation for CV purposes of all entries of narrow woven ribbons with woven selvedge from China (except entries by Yama, which has been assigned a de minimis CV duty rate) with a time of entry on or after the publication date of the preliminary determination in the Federal Register1.
CV Duty Cash Deposits to be Collected
The ITA will also direct CBP to require a cash deposit or bond for CV duty purposes for entries of subject merchandise from China (except entries by Yama) with a time of entry on or after the publication date of the preliminary determination in the Federal Register at the following CV duty rates:
| Producer/Exporter |
|---|
| Yama Ribbons and Bows Co., Ltd. |
| Changtai Rongshu Textile Co., Ltd. |
| All Others |
(a) The ITA has found a preliminary de minimis CV duty rate of 0.29% for Yama; therefore, no CV duty cash deposit will be required.
1According to ITA sources, the preliminary CV duty determination should be published in the Federal Register within five business days.
(See ITA fact sheet for additional information, including the scope of the order, etc.
See ITT's Online Archives or 08/06/09 news, 09080640, for BP summary of the ITA's initiation of this CV duty investigation and the companion antidumping duty investigation.
See ITT's Online Archives or 09/14/09 news, 09091440, for BP summary of the ITA's postponement of this CV duty preliminary determination.
See ITT's Online Archives or 11/19/09 news, 09111945, for BP summary of the ITA's postponement of the AD duty preliminary determination.)
ITA fact sheet available at http://ia.ita.doc.gov/download/factsheets/factsheet-Woven-Ribbon-CVD-prelim-120709.pdf