CV: India Bottle-Grade Polyethylene Terephthalate (PET) Resin
The International Trade Administration (ITA) has issued a notice amending its final affirmative countervailing (CV) duty determination for bottle-grade polyethylene terephthalate (PET) resin from India in order to amend the subsidy rate for one company and the "All Others" rate.
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| Amended Final Affirmative CV Duty Determination |
|---|
| India | Bottle-Grade Polyethylene Terephthalate (PET) Resin | C-533-842 |
|---|
According to the notice, the amended CV rate for Reliance Industries Ltd. is 19.97% (from 20.26%), and the amended 'All Others' rate is 14.55% (from 14.63%), effective April 22, 2005.
However, the former final rates (including 20.26% and 14.63%) were never in effect for India, as CV suspension of liquidation and the associated CV cash deposit/bond requirements were discontinued for shipments with a time of entry on or after December 28, 2004, due to a delay in publishing the final CV duty determination.
Moreover, the International Trade Commission (ITC) recently issued final negative injury/threat of injury determinations for this case, and the ITA will soon terminate its investigation as a result.
All AD and CV Investigations for Bottle-Grade PET Resin to be Terminated
The ITC recently issued final negative antidumping (AD) and CV injury/threat of injury determinations for imports of bottle-grade PET resin from India (A-533-841, C-533-842), Indonesia (A-560-817), and Thailand (A-549-823).
As a result of its final negative determinations, the ITC stated that no AD or CV duty orders will be issued on subject imports from India, Indonesia, and Thailand.
(See ITT's Online Archives or 04/21/05 news, 05042135 for BP summary of ITC notice of its final no injury determinations.
See ITT's Online Archives or 03/22/05 news, 05032240 for BP summary of the ITA's final affirmative CV determination for India, as well as its final negative CV determination for Thailand; 05032230 for BP summary of final affirmative AD duty determinations for India, Thailand, and Indonesia; and 05032235 for BP summary of final negative AD duty determination for Taiwan, which terminated its investigation.)
ITA Contact - Douglas Kirby (202) 482-3782
ITA Notice (FR Pub 04/22/05) available athttp://a257.g.akamaitech.net/7/257/2422/01jan20051800/edocket.access.gpo.gov/2005/pdf/05-8132.pdf