1.
On 07/05/2019 (84 FR 32123), Commerce published in the Federal Register its amended final results of administrative review of the countervailing duty order on Cold-Rolled Steel Flat Products from the Republic of Korea.
See message 9197302, dated 07/16/2019.
2.
Title 19 U.S.C. 1520(a)(4) authorizes refunds prior to liquidation whenever an importer of record declares or it is ascertained that excess duties, fees, charges, or exactions have been deposited or paid.
In accordance with 19 U.S.C. 1520(a)(4), CBP is authorized to grant a refund, if requested by the importer, of cash deposits for entries of Cold-Rolled Steel Flat Products from the Republic of Korea from the entities listed in paragraph 4 below which were entered, or withdrawn from warehouse, for consumption during the period 05/24/2019 through 07/04/2019 (day before date of publication of the amended final results in the Federal Register).
3.
The refund amount will be calculated by determining the difference between the amount of cash deposits paid as a result of the application of the final results rate and the amount due as a result of the application of the amended final results rate.
4.
Listed below are the deposit rates that were assigned to certain firms in the final results.
See message 9144303, dated 05/24/2019.
In addition, listed below are the amended deposit rates assigned in the amended final results (see message number 9197302, dated 07/16/2019):
Producer and/or Exporter:
POSCO
Case number: C-580-882-002
Final results rate:
0.55%
Amended final results rate:
0.54%
Producer and/or Exporter:
Dongbu Steel Co., Ltd.
Case number: C-580-882-003
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Dongbu Incheon Steel Co., Ltd.
Case number: C-580-882-004
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Dongkuk Steel Mill Co., Ltd.
Case number: C-580-882-005
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Dongkuk Industries Co., Ltd.
Case number: C-580-882-006
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Hyuk San Profile Co., Ltd.
Case number: C-580-882-007
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Taihan Electric Wire Co., Ltd.
Case number: C-580-882-008
Final results rate:
0.57%
Amended final results rate:
0.56%
Producer and/or Exporter:
Union Steel Co., Ltd.
Case number: C-580-882-009
Final results rate:
0.57%
Amended final results rate:
0.56%
5.
Do not liquidate entries of Cold-Rolled Steel Flat Product from the Republic of Korea produced and/or exported by the entities listed in paragraph 4 above until specific liquidation instructions are issued.
6.
The assessment of countervailing duties by CBP on shipments or entries of this merchandise is subject to the provisions of section 778 of the Tariff Act of 1930, as amended.
Section 778 requires that CBP 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 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.
7.
If there are any questions by the importing public regarding this message, please contact the Call Center for the Office of AD/CVD Operations, Enforcement and Compliance, International Trade Administration, U.S. Department of Commerce at (202) 482-0984.
CBP ports should submit their inquiries through authorized CBP channels only.
(This message was generated by OVI:TRW.)
8.
There are no restrictions on release of this information.
Alexander Amdur