• Period Covered: 01/01/1992 to 12/31/1992

MESSAGE NO: 5243111 DATE: 08 31 1995
CATEGORY: CVD TYPE: LIQ
REFERENCE: REFERENCE DATE:
CASES: C - 557 - 806 - -
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PERIOD COVERED: 01 01 1992 TO 12 31 1992

LIQ SUSPENSION DATE:

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

FROM: DIRECTOR, TECHNICAL PROGRAMS

RE: LIQUIDATION INSTRUCTIONS FOR EXTRUDED RUBBER TREAD
FROM MALAYSIA (C-557-806)


1. THE DEPARTMENT OF COMMERCE PUBLISHED IN THE FEDERAL REGISTER
OF APRIL 6, 1995 (60 FR 17515) THE FINAL RESULTS OF ITS
ADMINISTRATIVE REVIEW OF THE COUNTERVAILING DUTY ORDER ON
EXTRUDED RUBBER THREAD FROM MALAYSIA. THE PERIOD OF REVIEW IS
JANUARY 1, 1992 THROUGH DECEMBER 31, 1992 AND AFFECTS ENTRIES
MADE ON OR AFTER MARCH 31, 1992 AND BEFORE APRIL 28, 1992, AND
ALL ENTRIES MADE ON OR AFTER AUGUST 25, 1992 WHICH WERE
EXPORTED BEFORE JANUARY 1, 1993.

2. IMPORTS COVERED BY THE REVIEW ARE SHIPMENTS OF EXTRUDED RUBBER
THREAD FROM MALAYSIA AS CLASSIFIED UNDER THE HARMONIZED TARIFF
SCHEDULE ITEM NUMBER 4007.00.00.

3. THE TOTAL BOUNTY OR GRANT WAS FOUND TO BE 3.30 PERCENT FOR ALL
FIRMS FOR THE PERIOD JANUARY 1, 1992 THROUGH
DECEMBER 31, 1992.

4. ACCORDINGLY, YOU ARE TO LIQUIDATE AND ASSESS COUNTERVAILING
DUTIES OF 3.30 PERCENT OF THE F.O.B. INOVICE PRICE ON ALL
SHIPMENTS OF THIS MERCHANDISE FROM MALAYSIA ENTERED, OR
WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION ON OR AFTER MARCH
31, 1992 AND BEFORE APRIL 28, 1992, AND ON ALL SHIPMENTS OF
THE SUBJECT MERCHANDISE ENTERED OR WITHDRAWN FROM WAREHOUSE,
FOR CONSUMPTION ON OR AFTER AUGUST 25, 1992 AND EXPORTED ON OR
BEFORE DECEMBER 31, 1992. ENTRIES OF MERCHANDISE ENTERED ON OR
AFTER APRIL 28, 1992 AND BEFORE AUGUST 25, 1992 ARE TO BE
LIQUIDATED WITHOUT REGARD TO COUNTERVAILING DUTIES.

5. THE ASSESSMENT OF COUNTERVALING 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 COUNTERVALING DUTIES. THE INTEREST PROVISIONS
ARE NOT APPLICABLE TO CASH OR BONDS POSTED AS ESTOMATED
COUNTERVALING DUTIES BEFORE THE DATE OF PUBLICATION THE
COUNTERVALING DUTY ORDER. INTEREST SHALL BE CALCULATED FROM
THE DATE PAYMENT OF ESTIMATED COUNTERVALING DUTIES IS
REQUIRED THROUGH THE DATE OF LIQUIDATION. THE RATE AT WHICH
SUCH INTEREST IS PAYABLE IS THE ATE IN EFFECT UNDER SECTION
6621 OF THE INTERNAL REVENUE CODE OF 1954 FOR SUCH PERIOD.
THEREFORE, NO INTEREST SHOULD BE COLLECTED OR PAID ON ENTRIES
OR WITHDRAWALS MADE ON OR AFTER MARCH 31, 1992 AND BEFORE
AUGUST 25, 1992.

6. THE SUSPENSION OF LIQUIDATION ORDERED FOR THIS MERCHANDISE
EXPORTED ON OR BEFORE DECEMBER 31, 1992 IS LIFTED. SUSPENSION
OF LIQUIDATION FOR ALL ENTRIES OF THIS MERCHANDISE EXPORTED
AFTER DECEMBER 31, 1992 WILL CONTINUE.

7. BECAUSE ONE PROGRAM WAS ELIMINATED, THE CASH DEPOSIT RATE
DIFFERS FROM THE ASSESSMENT RATE. ACCORDINGLY, CUSTOMS
OFFICERS SHALL COLLECT CASH DEPOSITS OF ESTIMATED
COUNTERVAILING DUTIES OF 3.18 PERCENT AD VALOREM OF THE F.O.B.
INVOICE PRICE ON ALL SHIPMENTS OF THIS MERCANDISE ENTERED, OR
WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION ON OR AFTER
APRIL 6, 1995. THIS CASH DEPOSIT REQUIREMENT WILL REMAIN IN
EFFECT UNTIL PUBLICATION OF THE FINAL RESULTS OF THE NEXT
ADMINISTRATIVE REVIEW OF THE COUNTERVAILING DUTY ORDER ON THIS
MERCHANDISE.

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

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



NANCY MCTIERNAN