MESSAGE NO: 5081114 DATE: 03 22 1995
CATEGORY: CVD TYPE: LIQ
REFERENCE: REFERENCE DATE:
CASES: C - 357 - 403 - -
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PERIOD COVERED: 01 01 1989 TO 12 31 1989

LIQ SUSPENSION DATE:

TO: REGIONAL DIRECTORS, COMMERCIAL OPERATIONS
DISTRICT DIRECTORS, AREA AND PORT DIRECTORS

FROM: DIRECTOR, TRADE COMPLIANCE DIVISION

RE: LIQUIDATION INSTRUCTIONS FOR OCTG FROM ARGENTINA
(C-357-403)



1. LITIGATION INVOLVING THE ADMINISTRATIVE REVIEW OF THE
COUNTERVAILING DUTY ORDER ON OIL COUNTRY TUBULAR GOODS FROM
ARGENTINA (C-357-403) FOR THE JANUARY 1, 1989 THROUGH DECEMBER
31, 1989 PERIOD HAS BEEN CONCLUDED. THE FINAL RESULTS OF
ADMINISTRATIVE REVIEW WERE PUBLISHED ON DECEMBER 10, 1991.

2. THE IMPORTS COVERED BY THE REVIEW ARE SHIPMENTS OF OIL COUNTRY
TUBULAR GOODS, WHICH ARE HOLLOW STEEL PRODUCTS OF CIRCULAR
CROSS SECTION INTENDED FOR USE IN THE DRILLING OF OIL OR GAS,
AND OIL WELL CASING, TUBING AND DRILL PIPE OF CARBON OR ALLOY
STEEL, WHETHER WELDED OR SEAMLESS, MANUFACTURED TO EITHER
AMERICAN PETROLEUM INSTITUTE OR PROPRIETARTY SPECIFICATIONS.

DURING THE REVIEW PERIOD, SUCH MERCHANDISE WAS CLASSIFIED
UNDER ITEM NUMBERS 7304.20.20, 7304.20.40, 7304.20.50,
7304.20.60, 7304.20.70, 7304.20.80, 7304.39.00, 7304.51.50,
7304,59.60, 7304.59.60, 7304.59.80, 7304.90.70, 7305.20.40,
7305.20.60, 7305.20.80, 7305.31.40, 7305.31.60, 7305.39.10,
7305.39.50, 7305.90.10, 7305.90.50, 7306.20.20, 7306.20.30,
7306.20.40, 7306.20.60, 7306.20.80, 7306.30.50, 7306.50.50,
7306.60.70, AND 7306.90.10 OF THE HARMONIZED TARIFF SCHEDULE.

3. THE NET SUBSIDY WAS FOUND TO BE DE MINIMIS FOR THE 1989
ADMINISTRATIVE REVIEW PERIOD.

4. ACCORDINGLY, YOU ARE TO LIQUIDATE AT ZERO PERCENT OF THE
F.O.B. INVOICE PRICE ALL SHIPMENTS OF OCTG FROM ARGENTINA
EXPORTED ON OR AFTER JANUARY 1, 1989 AND ON OR BEFORE
DECEMBER 31, 1989.

5. THE ASSESSMENT OF ANTIDUMPING 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
REQIRES THAT CUSTOMS PAY INTEREST ON OVERPAYMENTS, OR ASSESS
INTEREST ON UNDERPAYMENTS, OF THE REQUIRED AMOUNTS DEPOSITED
AS ESTIMATED ANTIDUMPING DUTIES. THE INTEREST PROVISIONS ARE
NOT APPLICABLE TO CASH OR BONDS POSTED AS ESTIMATED
ANTIDUMPING DUTIES BEFORE THE DATE OF PUBLICATION OF THE
ANITUDMPING DUTY ORDER. INTEREST SHALL BE CALCULATED FROM
THE DATE PAYMENT OF ESTIMATED ANTIDUMPING DUTIES IS REQUIRED
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.

6. THE SUSPENSION OF LIQUIDATION ORDERED FOR THIS MERCHANDISE
EXPORTED ON OR BEFORE DECEMBER 31, 1990, IS LIFTED.
LIQUIDATION INSTRUCTIONS FOR THE 1990 PERIOD WERE ISSUED IN
EMAIL #2176117 DATED JUNE 24, 1992. SUSPENSION OF
LIQUIDATION FOR ALL ENTRIES OF THIS MERCHANDISE EXPORTED
AFTER DECEMBER 31, 1990 WILL CONTINUE.

7. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CUSTOMS
OFFICERS, PLEASE CONTACT VIA E-MAIL, THROUGH THE APPROPRIATE
SUPERVISORY CHANNELS, THE TECHNICAL PROGRAMS,
ANTIDUMPING/COUNTERVAILING DUTY USING ATTRIBUTE "HQ OAB".
THE IMPORTING PUBLIC AND OTHER INTERESTED PARTIES SHOULD
CONTACT THE OFFICE OF COUNTERVAILING COMPLIANCE, IMPORT
ADMINISTRATION, DEPARTMENT OF COMMERCE, (202) 482-2786.

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



NANCY MCTIERNAN