MESSAGE NO: 7107112 DATE: 04 17 1997
CATEGORY: CVD TYPE: REV
REFERENCE: REFERENCE DATE:
CASES: C - 796 - 601 - -
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PERIOD COVERED: 09 29 1995 TO

LIQ SUSPENSION DATE:

TO: CMC DIRECTORS,
PORT DIRECTORS

FROM: DIRECTOR, IMPORT OPERATIONS

RE: REVOCATION OF THE COUNTERVAILING DUTY ORDER ON
CARBON STEEL WIRE ROD FROM ZIMBABWE (C-796-601)
TERMINATION OF SUSPENSION & LIQUIDATION INSTRUCTIONS

1. ON SEPTEMBER 29, 1995, THE DEPARTMENT OF COMMERCE REVOKED
THE COUNTERVAILING DUTY ORDER ON CARBON STEEL WIRE ROD FROM
ZIMBABWE (C-796-601) FOR MERCHANDISE EXPORTED ON OR AFTER
JANUARY 1, 1995.

2. THEREFORE, CUSTOMS IS DIRECTED TO TERMINATE THE SUSPENSION
OF LIQUIDATION FOR ALL SHIPMENTS OF CARBON STEEL WIRE ROD
FROM ZIMBABWE, ENTERED, OR WITHDRAWN FROM WAREHOUSE, FOR
CONSUMPTION ON OR AFTER SEPTEMBER 29, 1995, AND TO LIQUIDATE
SUSPENDED ENTRY SUMMARIES FOR EXPORTS MADE ON OR AFTER
JANUARY 1, 1995 WITHOUT REGARD TO COUNTERVAILING DUTIES.

3. 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 THAT PAYMENT OF
ESTIMATED COUNTERVAILING 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.

4. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY
CUSTOMS OFFICERS, PLEASE CONTACT VIA EMAIL, THROUGH THE
APPROPRIATE SUPERVISORY CHANNELS, IMPORT OPERATIONS,
ANTIDUMPING/COUNTERVAILING DUTY, USING THE ATTRIBUTE
"HQ OAB." THE IMPORTING PUBLIC AND OTHER INTERESTED
PARTIES SHOULD CONTACT ANNE D'ALAURO OF THE OFFICE OF CVD/AD
ENFORCEMENT VI, IMPORT ADMINISTRATION, INTERNATIONAL TRADE
ADMINISTRATION, DEPARTMENT OF COMMERCE AT (202) 482-2786.

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

PAUL SCHWARTZ
(ACTING)