US issues preliminary conclusions on anti-subsidy probe into Vietnamese plates
VOV.VN - The US Department of Commerce (DOC) has issued its preliminary conclusions from the anti-subsidy investigation conducted into certain paper plates imported from Vietnam, according to the Trade Remedies Authority of Vietnam (TRAV).
These conclusions were made after the DOC initiated a countervailing duty probe into certain paper plates with the HS code 4823.69.0040 or 4823.61.004 at the request of businesses from the American Paper Plate Coalition on February 14.
According to the DOC’s preliminary conclusions, the temporary anti-subsidy duty rate stands at 5.48% for the only defendant company in the case.
With regard to non-responsive companies, the rate will be 237.65%, while the remaining firms will be applied a tax rate of 5.48%.
Based on the preliminary conclusions from the investigation, the US Customs and Border Protection Agency (CBP) has required a deposit for export shipments to the US in line with temporary anti-subsidy rates from July 1.
The DOC will conduct a verification report to clarify the information provided by Vietnamese enterprises before issuing its final conclusions and subsequently moving to impose official tax rates for Vietnamese businesses.
Case briefs or other written comments may be submitted to the Assistant Secretary for Enforcement and Compliance no later than seven days after the date on which the last verification report is issued in this investigation.
Rebuttal briefs, limited to issues raised in the case briefs, may be filed no later than five days after the date for filing case briefs.
The DOC is expected to hold a hearing if requested by the concerned parties and is likely to issue final conclusions on November 5.
The TRAV recommends that local businesses co-operate well with the DOC in the upcoming inspection, as well as submitting their written comments if necessary.
