MESSAGE NO: 0097202 DATE: 04 06 2000
CATEGORY: CVD TYPE: LIQ
REFERENCE: REFERENCE DATE:
CASES: C - 475 - 821 - -
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PERIOD COVERED: 01 07 1998 TO 12 31 1998

LIQ SUSPENSION DATE:

TO: DIRECTORS OF FIELD OPERATIONS
PORT DIRECTORS

FROM: DIRECTOR, TRADE ENFORCEMENT & CONTROL

RE: NOTIFICATION OF RESCISSION OF ADMINISTRATIVE REVIEW OF
COUNTERVAILING DUTY ORDER OF STAINLESS STEEL WIRE ROD
FROM ITALY (C-475-821)

1. THE ADMINISTRATIVE REVIEW ON STAINLESS STEEL WIRE ROD FROM
ITALY (C-475-821), COVERING THE PERIOD 01/07/1998 THROUGH
12/31/1998 HAS BEEN RESCINDED AT THE REQUEST OF RESPONDENTS.
THIS NOTICE OF RESCISSION WAS PUBLISHED IN THE FEDERAL REGISTER
ON 02/08/2000.

2. SINCE NO COUNTERVAILING DUTY REVIEW WAS CONDUCTED, IN
ACCORDANCE WITH SECTION 351.212(C) OF THE COMMERCE REGULATIONS,
YOU ARE TO ASSESS COUNTERVAILING DUTIES AT RATES EQUAL TO THE
CASH DEPOSIT OF ESTIMATED COUNTERVAILING DUTIES REQUIRED AT THE
TIME OF ENTRY ON STAINLESS STEEL WIRE ROD FROM ITALY EXPORTED ON
OR AFTER 01/07/1998 AND ON OR BEFORE 12/31/1998 FOR ALL
COMPANIES, EXCEPT: ACCIAIERIE VALBRUNA S.r.l. (C-475-821-001),
AND ACCIAIERIE DI BOLZANO SpA (C-475-821-003), DUE TO A COURT-
ORDERED INJUNCTION.

3. THESE INSTRUCTIONS CONSTITUTE THE IMMEDIATE LIFTING OF
SUSPENSION OF LIQUIDATION OF ENTRIES FOR THE MERCHANDISE AND
PERIOD LISTED ABOVE, SUBJECT TO THE EXCEPTIONS NOTED IN PARAGRAPH
2. YOU SHALL CONTINUE TO COLLECT CASH DEPOSITS OF ESTIMATED
COUNTERVAILING DUTIES FOR THE MERCHANDISE AT THE CURRENT RATES.

4. THE ASSESSMENT OF COUNTERVAILING DUTIES BY THE CUSTOMS
SERVICE ON ENTRIES OF THIS MERCHANDISE IS SUBJECT TO THE
PROVISIONS OF SECTION 778 OF THE TARIFF ACT OF 1930. SECTION 778
REQUIRES THAT CUSTOMS PAY INTEREST ON OVERPAYMENTS, OR ASSESS
INTEREST ON UNDERPAYMENTS, OF THE REQUIRED AMOUNTS DEPOSITED AS
ESTIMATED COUNTERVAILING DUTIES. THE INTEREST PROVISIONS ARE NOT
APPLICABLE TO CASH OR BONDS POSTED AS ESTIMATED COUNTERVAILING
DUTIES BEFORE THE DATE OF PUBLICATION OF THE COUNTERVAILING DUTY
ORDER. INTEREST SHALL BE CALCULATED FROM THE DATE OF ENTRY OR
THE DATE OF DEPOSIT, WHICHEVER IS LATER, OF ESTIMATED
COUNTERVAILING DUTIES THROUGH THE DATE OF LIQUIDATION. THE RATE
AT WHICH SUCH INTEREST IS PAYABLE IS THE RATE IN EFFECT UNDER
SECTION 6621 OF THE INTERNAL REVENUE CODE OF 1954 FOR SUCH
PERIOD.

5. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CUSTOMS
OFFICERS, THEY SHOULD BE FORWARDED VIA E-MAIL THROUGH THE
APPROPRIATE SUPERVISORY CHANNELS, OTHER GOVERNMENT AGENCY
LIAISON, USING THE ATTRIBUTE "HQ OAB." THE IMPORTING PUBLIC AND
INTERESTED PARTIES SHOULD CONTACT ERIC B. GREYNOLDS ON 202-482-
2786, OFFICE OF AD/CVD ENFORCEMENT VI, IMPORT ADMINISTRATION,
INTERNATIONAL TRADE ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE.

6. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION.

PAUL SCHWARTZ