India Carbon Steel Flanges: Prelim Results of AD/CVD Admin Reviews
The Commerce Department has published the preliminary results of its antidumping and countervailing duty administrative reviews of finished carbon steel flanges from India (A-533-871/C-533-872). In the final results of this review, Commerce will set AD assessment rates for subject merchandise for the companies under review entered Aug. 1, 2022, through July 31, 2023, and CVD assessment rates for entries Jan. 1, 2022, through Dec. 31, 2022.
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Commerce said it intends to rescind this review for certain companies. In the AD review, Aditya Forge Limited withdrew its request for a review of its entries, so Commerce is rescinding the review for Aditya. Additionally, Commerce said 27 companies -- they are listed in Appendix III of the AD notice, along with Aditya -- had no reviewable, suspended entries of subject merchandise during the period of review, so it's rescinding the review of those companies. In the CVD review, it said it found that 30 companies for which a review was requested had no reviewable suspended entries of subject merchandise during the review period, and will accept comments before it makes a final decision about the 30 companies, which are listed in Appendix III of the CVD notice.
Liquidation 'as Entered' for Entries From Exporters Not Subject to Reviews
Only the exporters for which an administrative review was requested are covered by these reviews. Cash deposit rates for all other exporters will not change. Commerce has ordered liquidation “as entered” for entries during the period of review from all exporters for which a review was not requested (ADCVDWeb Message #s 3326420, 3326446).
AD Cash Deposit Requirements
New AD cash deposit requirements may take effect beginning on the date of publication of the AD duty final results in the Federal Register. Commerce preliminarily calculated the following AD duty cash deposit rates:
Producer/Exporter | AD Rate (Prelim) |
---|---|
R.N. Gupta & Company Limited | 4% |
Norma (India) Limited/USK Exports Private Limited/Uma Shanker Khandelwal and Co./Bansidhar Chiranjilal | 1.14% |
Review Average Rate (applicable to 12 companies) | 2.89% |
Review average rate. The review average AD rate is applicable to 12 companies, which are listed in Appendix II of the AD notice.
CVD Cash Deposit Requirements
New CVD cash deposit requirements may take effect beginning on the date of publication of the CV duty final results in the Federal Register. Commerce preliminarily calculated the following CV duty cash deposit rates:
Producer/Exporter | CVD Rate (Prelim) |
---|---|
Norma (India) Ltd./USK Export Private Limited/Uma Shanker Khandelwal and Co./Bansidhar Chiranjilal | 2.58% |
R.N. Gupta & Company Limited | 2.28% |
Review Average Rate (Applicable to 10 companies) | 2.38% |
Review average rate. The review average CVD rate is applicable to 10 companies, which are listed in Appendix II of the CVD notice.
Assessment Rates
If these preliminary results are confirmed in the final results, importers of subject merchandise exported by R.N. Gupta and Norma and its affiliates during the period Aug. 1, 2022, through July 31, 2023, will be assessed AD at importer-specific rates. Importers from the other companies under review will be assessed AD at the rates listed above. In the final results, Commerce also will set CVD assessments for importers of subject merchandise entered in calendar year 2022.
(The AD duty period of review is 08/01/22 - 07/31/23, and the CV duty period of review is 01/01/22 - 12/31/22. See the notice for additional information, including the scope of the order, potential cash deposit and assessment instructions, etc.)