International Trade Today is a service of Warren Communications News.

CV: India Certain Lined Paper Products

According to a U.S. Customs and Border Protection (CBP) administrative message, effective June 15, 2006, the International Trade Administration (ITA) discontinued the suspension of liquidation for countervailing (CV) duty purposes for certain lined paper products from India.

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

CV Suspension of Liquidation, CV Cash Deposit/Bond Requirements Will Not be Resumed Unless Order Issued

CBP states that field officers are to discontinue the suspension of liquidation for CV duty purposes on all shipments of the subject merchandise with a time of entry on or after June 15, 2006, which is 120 days after the date of publication of the preliminary determination. ITA sources add that the CV cash deposit/bond requirement is similarly discontinued.

CBP states that this suspension of liquidation will not be resumed unless and until the ITA publishes a CV duty order in this case. In addition, if an order is issued, trade sources state that any reinstated CV liability will be in the form of a cash deposit only.

(According to ITA sources, entries during the period from the date suspension is discontinued to the day before the effective date of the order will not be subject to any CV duties on subject merchandise.)

In addition, CBP states that field officers are to continue to suspend liquidation for CV duty purposes on all shipments of certain lined paper products from India that have a time of entry during the period February 15, 2006 through June 14, 2006, until the conclusion of the CV duty investigation.

AD Suspension of Liquidation & AD Cash Deposit/Bond Requirements Unaffected

CBP's administrative message states that the discontinuation of the CV suspension of liquidation and cash deposit/bond requirements in this investigation do not affect the AD suspension of liquidation and cash deposit/bond requirements in the preliminary affirmative determination for the companion antidumping (AD) duty investigation on certain lined paper products from India.

(See CBP's administrative message for more information, including the scope of the investigation. See ITT's Online Archives or 03/22/06 news, 06032235, for BP summary of ITA notice aligning the AD and CV final determinations for certain lined paper products from India. See ITT's Online Archives or 02/16/06 news, 06021625, for BP summary of the preliminary affirmative CV determination for certain lined paper products from India.)

CBP Adm 06-0740 (dated 06/20/06) available at http://www.brokerpower.com/cgi-bin/adminsearch/admmsg.view.pl?article=2006/2006-0740.ADM.