India Grinding Media: Prelim CVD Cash Deposit Rates Take Effect
The Commerce Department is setting new countervailing duty cash deposit requirements for imports of high chrome cast iron grinding media from India (C-533-931), after finding countervailable subsidization of Indian producers in the preliminary determination of its CV duty investigation. Suspension of liquidation and cash deposit requirements will take effect for entries on or after Oct. 4, the date that the preliminary determination is scheduled to be published in the Federal Register.
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Commerce is also considering the imposition of antidumping duties on high chrome cast iron grinding media from India. The agency's preliminary AD duty determination is currently due Nov. 29.
CVD Suspension of Liquidation and Cash Deposit Requirements
Commerce says it will instruct CBP to suspend liquidation for all entries of subject merchandise that is entered, or withdrawn from warehouse, for consumption on or after Oct. 4. Preliminary CVD cash deposit rates will be required as follows:
| Company | CVD Rate |
|---|---|
| AIA Engineering Limited; Vega Industries (Middle East) F.Z.C; Welcast Steels Ltd. | 3.36% |
| All Others | 3.36% |
(The period of investigation is 04/01/23 - 03/31/24. See Commerce's notice for more information, including the scope, suspension of liquidation, etc. See 2405220033 for a summary of the initiation of this CVD investigation.)