J&J International Trade Notice 2002-9
April 30, 2002
Ministerial Error Allegations Result in
Adjusted CVD, AD Deposit Rates
According to Canadian sources, the U.S. Department of Commerce (DOC) has adjusted the deposit rates in the current CVD and AD cases on certain softwood lumber products from Canada. In response to Canada's allegations of ministerial error, the DOC made some technical corrections to the margins published in their April 2nd, 2002 Final Determination.
Although unverified in the way of a formal publication by the DOC, the adjusted deposit rates are as follows:
|
New Deposit Rate |
Old Deposit Rate |
|
|
CVD - All Exporters |
18.79% |
19.34% |
|
AD - Abitibi |
12.44% |
14.60% |
|
AD - Canfor |
5.96% |
5.96% |
|
AD - Slocan |
7.71% |
7.55% |
|
AD - Tembec |
10.21% |
12.04% |
|
AD -West Fraser |
2.18% |
2.26% |
|
AD - Weyerhaeuser |
12.39% |
15.83% |
|
AD - All Others |
8.43% |
9.67% |
The new deposit rates will become effective when the DOC publishes its CVD and AD orders in the Federal Register. The DOC's deadline for publication is May 23rd, but they could possibly publish earlier.
Also, please note that when the CVD and AD orders are published in the Federal Register CVD/AD bonds will no longer be allowed. Please refer to J&J International Trade Notice 2002-8 for cash deposit and ACH options. Links to all ACH applications and preparation instructions will be added to www.joneschb.com shortly.
Jones & Jones, L.L.C.
Michael Miller, Import Systems Coordinator
For Michael D. Jones, President