Korea PET Film, Sheet, and Strip: AD Order Revoked
The International Trade Administration is revoking the antidumping duty order on polyethylene terephthalate (PET) film, sheet, and strip from Korea (A-580-807). The ITA will notify U.S. Customs and Border Protection to terminate the suspension of liquidation and collection of cash deposits, effective for subject merchandise with a time of entry on or after October 20, 2010. The ITA is expected to instruct CBP to refund with interest any cash deposits or entries on or after that date. According to the ITA, entries of subject merchandise prior to the effective date of the revocation will continue to be subject to suspension of liquidation and AD duty deposit requirements and the ITA will complete any pending administrative reviews of this order.
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See ITA notice for additional details, including the scope of the order, etc. (See ITT's Online Archives or 08/16/11 news, 11081628, for BP summary of the ITC’s notice on its sunset review determination that revoking the order would not be likely to lead to continuation or recurrence of material injury to an industry in the U.S.)