Granular PTFE Resin: Commerce Postpones Preliminary CV Duty Determinations
The Commerce Department is extending until June 28 the deadline for its preliminary determinations in the countervailing duty investigations on granular polytetrafluoroethylene (PTFE) resin from India and Russia (C-533-900, C-821-830), it said in a notice released March 18. The agency…
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decided to postpone after the domestic producer that requested the investigations asked for an extension. Liquidation can only be suspended and cash deposits of estimated CV duties can only be collected after the preliminary determination, although these requirements can be made retroactive 90 days from the preliminary determination if Commerce finds “critical circumstances.”