Urea Ammonium Nitrate: Commerce Issues Final CV Determinations
The Commerce Department issued its final determinations in its countervailing duty investigations on urea ammonium nitrate solutions from Russia (C-821-832) and Trinidad and Tobago (C-274-809). Suspension of liquidation is currently not in effect for entries on or after April 2, 2022, and Commerce will only require cash deposits of estimated CV duties on future entries if it issues a CV duty order.
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Before Commerce issues CV duty orders, the International Trade Commission must find injury to U.S. industry in its final injury determination, currently due Aug. 1, Commerce said in a fact sheet. In the event of any ITC final determination of no injury, the investigation will be terminated with no duties imposed, and all cash deposits collected as a result of the investigation will be refunded.
Suspension of liquidation is in effect for AD duty purposes on urea ammonium nitrate solutions from Russia and Trinidad and Tobago, and Commerce is concurrently issuing its final AD duty determinations, setting rates at 8.16% to 122.93% for Russian companies, and 111.71% for all Trinidadian companies (see 2206230046).
CV Susp/Cash Deposit Through April 1
For now, Commerce has instructed CBP to continue the suspension of liquidation of subject merchandise from Russian and Trinidadian companies entered Dec. 3, 2021, the date of Commerce's preliminary determinations, through April 1, 2022.
CV Liq Reinstated and No CV Cash Deposit as of April 2
Commerce previously instructed CBP to discontinue the suspension of liquidation for CV duty purposes and the collection of CV duty cash deposits for subject merchandise from Russia and Trinidad and Tobago entered on or after April 2, the expiration date of the 120-day “provisional measures” period during which Commerce can suspend liquidation without a CV duty order in place.
Suspension of liquidation currently remains in effect for AD duty purposes for subject merchandise from Russia and Trinidad and Tobago.
CV Liq to Be Suspended Again and CV Cash Deposit Required if Order Issued
Commerce will issue a CV duty order, reinstate the CV duty suspension of liquidation for all Russian and Trinidadian exporters, and require a cash deposit of estimated CV duties for entries of subject merchandise at the revised CV rates listed below if the ITC issues a final affirmative injury determination.
Russia
| Company | CV Rate |
|---|---|
| The EuroChem Companies (Joint Stock Company Nevinnomyssky Azot (Nevinka) / Mineral and Chemical Company EuroChem / Joint Stock Company (MCC EuroChem) / Azot, Joint Stock Company (NAK Azot) | 6.27% |
| Public Joint Stock Company Acron | 9.66% |
| All Others | 8.47% |
Trinidad and Tobago
| Company | CV Rate |
|---|---|
| Methanol Holdings (Trinidad) Limited | 1.83% |
| All Others | 1.83% |
(Note that there is no CV duty liability, and no CV duties will be assessed, on entries during the “gap period” of April 2 until the date an ITC final affirmative injury determination is published in the Federal Register.)
(The period of investigation is 01/01/20 - 12/31/20. See Commerce's notice for more information, including the scope of the order (unchanged), detailed instructions on cash deposit and assessment rates, changes since the preliminary determination, etc. See 2112020046 for a summary of the preliminary determination of this investigation.)