MESSAGE NO: 9154113 DATE: 06 03 1999
CATEGORY: CVD TYPE: LIQ
REFERENCE: REFERENCE DATE:
CASES: C - 533 - 063 - -
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PERIOD COVERED: 01 01 1988 TO 12 31 1988

LIQ SUSPENSION DATE:

TO: DIRECTORS OF FIELD OPERATIONS
PORT DIRECTORS

FROM: DIRECTOR, IMPORT OPERATIONS

RE: LIQUIDATION INSTRUCTIONS FOR IRON-METAL CASTINGS
FROM INDIA (C-533-063)


1. PURSUANT TO A RECENT ORDER OF THE COURT OF INTERNATIONAL
TRADE, THE DEPARTMENT OF COMMERCE PUBLISHED A NOTICE OF
AMENDED FINAL RESULTS OF COUNTERVAILING DUTY ADMINISTRATIVE
REVIEW PURSUANT TO SETTLEMENT ON MAY 14, 1999 (64 FR 26363).
THE ENJOINING OF ENTRIES OF CERTAIN IRON-METAL CASTINGS FROM
INDIA EXPORTED ON OR AFTER JANUARY 1, 1988, AND ON OR BEFORE
DECEMBER 31, 1988, IS NOW LIFTED.

2. PURSUANT TO THE SETTLEMENT, THE DEPARTMENT HAS RECALCULATED
THE COUNTERVAILING DUTY RATES FOR ENTRIES EXPORTED ON OR
AFTER JANUARY 1, 1988 AND ON OR BEFORE DECEMBER 31, 1988.
ACCORDINGLY, ALL SHIPMENTS OF CERTAIN IRON-METAL CASTINGS
EXPORTED ON OR AFTER JANUARY 31, 1988 AND ON OR BEFORE
DECEMBER 31, 1988 SHOULD BE LIQUIDATED AT THE FOLLOWING
RATES.

GOVIND STEEL (C-533-063-004) 14.08 PERCENT
UMA IRON & STEEL CO. (C-533-063-010) 10.03 PERCENT

COUNTRY-WIDE/ALL-OTHER RATE (C-533-063-000) 4.10 PERCENT

ALL OTHER MANUFACTURERS/
EXPORTERS NOT MENTIONED ABOVE 2.50 PERCENT


3. THE ASSESSMENT OF COUNTERVAILING DUTIES BY THE CUSTOMS
SERVICE ON SHIPMENTS OR 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 AND 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 OF PAYMENT OF
ESTIMATED COUNTERVAILING DUTIES 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 E-MAIL, THROUGH THE APPROPRIATE
SUPERVISORY CHANNELS, OTHER GOVERNMENT AGENCY LIAISON, USING
THE ATTRIBUTE "HQ OAB." THE IMPORTING PUBLIC AND INTERESTED
PARTIES SHOULD CONTACT ROBERT COPYAK, AD/CVD ENFORCEMENT
OFFICE VI, IMPORT ADMINISTRATION, DEPARTMENT OF COMMERCE, AT
(202) 482-2786.

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

PAUL SCHWARTZ