China Diamond Sawblades: Commerce Amends AD Rate for Ou Di Ma, Danyang Tsunda
The Commerce Department will increase antidumping duty cash deposit rates in effect for two exporters of diamond sawblades from China (C-570-900), implementing a recent Court of International Trade decision that ordered Commerce to recalculate rates set in an administrative review completed in 2015 (see 1506080008), it said. As a result of its recalculation, AD duty cash deposit rates for Danyang City Ou Di Ma Tools Co., Ltd., and Danyang Tsunda Diamond Tools Co., Ltd., will rise to 12.05% (from 2.34%). The new rate will apply to subject merchandise entered on or after Nov. 2.
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.
Commerce is also amending AD rates it set for 24 other companies as a result of the CIT decision, but cash deposit requirements will not change for these companies because they have all had new rates set in more recent administrative reviews. The changes will only affect importer assessments for entries in 2012-13 from these exporters. See Commerce's notice for the full list.
(Federal Register 11/06/18)