Important Notice: Countervailing Duty on Frozen Warmwater Shrimp from Ecuador, India, Vietnam, and Indonesia
The Department of Commerce (DOC) had published through the Federal Register Notice the preliminary affirmative countervailing duty determination on Frozen Warmwater Shrimp from India and Vietnam on April 1st, and from Ecuador on April 2nd.
This means, effective on these dates, entries will be subject to the applicable countervailing duty rate. ACE (CBP system) will verify the calculation of the AD/CVD cash deposits tendered based on the 10-digit case number declared on the entry summary for rates in effect on the date of entry.
Vietnam – There is an existing case# A-552-802 and now the new countervailing case under C-552-803, The all-other rate C-552-803-000 is currently set at 2.84%. Entries with an entry date starting on 4/1/24 will be subject to the applicable CVD duty rate.
India – There is an existing case# A-533-840 and now the new countervailing case under C-533-921, The all-other rate C-533-921-000 is currently set at 4.36%. Entries with an entry date starting on 4/1/24 will be subject to the applicable CVD duty rate.
Ecuador – The DOC has initiated an investigation for antidumping and countervailing on the frozen warmwater shrimp. According to CBP, ADCVD cash deposit and suspension of liquidation are NOT yet required at this stage until the DOC issues the instructions to CBP. Once the instructions has been issued, the ADCVD Ecuador case will likely go retroactively back to the effective date of 4/2/2024.
Flegenheimer International will continue to monitor the instructions from CBP and will file the entries according to their instructions once available.
Additionally, the DOC preliminarily determines that countervailable subsidies are NOT being provided to producers and exporters of frozen warmwater shrimp (shrimp) from Indonesia. Flegenheimer International will continue to file entries from Indonesia as usual.
Note: The AD/CVD paid at the time of entry are cash deposits of estimated AD/CVD duties. The final amount of duties owed is not determined until Commerce conducts an administrative review to establish the final AD/CVD rates on past entries. CBP will issue a bill for any increase in duty plus interest or refund any overpayment plus interest as a result of a decrease of a duty.
Resources:
Leave a Reply