LIQ. INSTRUCT.-CIRCULAR WELDED NON-ALLOY STEEL PIPE - SOUTH KOREA. DONGBU STEEL, HYUNDAI STEEL PIPE, KOREA IRON OR UNION STEEL, PUSAN STEEL AND KOREA STEEL PIPE

MESSAGE NO: 4075202 DATE: 03 15 2004 CATEGORY: ADA TYPE: LIQ REFERENCE: 8078112 REFERENCE DATE: 03 19 1998 CASES: A - 580 - 809 - - - - - - - - - - PERIOD COVERED: 04 28 1992 TO 10 31 1993 LIQ SUSPENSION DATE: TO: DIRECTORS OF FIELD OPERATIONS PORT DIRECTORS FROM: DIRECTOR, SPECIAL ENFORCEMENT RE: LIQ. INSTRUCT.-CIRCULAR WELDED NON-ALLOY STEEL PIPE - SOUTH KOREA. DONGBU STEEL, HYUNDAI STEEL PIPE, KOREA IRON OR UNION STEEL, PUSAN STEEL AND KOREA STEEL PIPE THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. 1. BELOW ARE THE ONLY COMPANY-SPECIFIC LIQUIDATION INSTRUCTIONS THAT HAVE BEEN SENT TO DATE FOR CIRCULAR WELDED NON-ALLOY STEEL PIPE FROM SOUTH KOREA FOR THE PERIOD 04/28/1992 THROUGH 10/31/1993: MESSAGE COMPANY (OR TYPE OF INSTRUCTION) DATE NUMBER DONGBU STEEL CO., LTD. 03/19/1998 8078112 HYUNDAI STEEL PIPE CO., LTD. 12/11/1997 8345113 KOREA IRON AND STEEL CO. LTD. AND 03/19/1998 8078111 UNION STEEL CO., LTD. PUSAN STEEL PIPE CO., LTD. 06/23/1998 8174111 KOREA STEEL PIPE CO., LTD. (CURRENTLY 03/04/2004 4064201 SHINHO STEEL CO., LTD.) 2. IF YOU ARE STILL SUSPENDING LIQUIDATION ON ANY ENTRIES OF CIRCULAR WELDED NON-ALLOY STEEL PIPE FROM SOUTH KOREA FOR THE PERIOD 04/28/1992 THROUGH 10/31/1993 AFTER APPLYING ALL OF THE ABOVE LIQUIDATION INSTRUCTIONS, YOU SHOULD NOW LIQUIDATE SUCH ENTRIES AT THE CASH DEPOSIT RATE REQUIRED AT THE TIME OF ENTRY. 3. THESE INSTRUCTIONS CONSTITUTE THE IMMEDIATE LIFTING OF SUSPENSION OF LIQUIDATION OF ENTRY SUMMARIES FOR THE MERCHANDISE AND PERIOD LISTED ABOVE. FOR ALL OTHER SHIPMENTS OF CIRCULAR WELDED NON-ALLOY STEEL PIPE FROM SOUTH KOREA, YOU SHALL, UNLESS OTHERWISE INSTRUCTED, CONTINUE TO COLLECT CASH DEPOSITS OF ESTIMATED ANTIDUMPING DUTIES FOR THE MERCHANDISE AT THE CURRENT RATES. 4. THE ASSESSMENT OF ANTIDUMPING DUTIES BY U.S. CUSTOMS AND BORDER PROTECTION (CBP) ON ENTRIES OF THIS MERCHANDISE IS SUBJECT TO THE PROVISIONS OF SECTION 778 OF THE TARIFF ACT OF 1930, AS AMENDED (THE ACT). SECTION 778 OF THE ACT REQUIRES THAT CBP PAY INTEREST ON OVERPAYMENTS AND ASSESS INTEREST ON UNDERPAYMENTS OF THE REQUIRED AMOUNTS DEPOSITED AS ESTIMATED ANTIDUMPING DUTIES. THE INTEREST PROVISIONS ARE NOT APPLICABLE TO CASH OR BONDS POSTED AS ESTIMATED ANTIDUMPING DUTIES BEFORE THE DATE OF PUBLICATION OF THE ANTIDUMPING DUTY ORDER, WHICH IS 11/02/1992. INTEREST SHALL BE CALCULATED FROM THE DATE PAYMENT OF ESTIMATED ANTIDUMPING 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. 5. UPON ASSESSMENT OF ANTIDUMPING DUTIES, CBP SHOULD REQUIRE THAT THE IMPORTER PROVIDE A REIMBURSEMENT STATEMENT AS DESCRIBED IN 19 CFR 353.56 (1993). THE IMPORTER SHOULD PROVIDE THE REIMBURSEMENT STATEMENT PRIOR TO THE LIQUIDATION OF THE ENTRY. IF THE IMPORTER CERTIFIES THAT IT HAS AN AGREEMENT WITH THE EXPORTER TO BE REIMBURSED ANTIDUMPING DUTIES, CBP SHOULD DOUBLE THE ANTIDUMPING DUTIES IN ACCORDANCE WITH THE ABOVE-REFERENCED REGULATION. ADDITIONALLY, IF THE IMPORTER DOES NOT RESPOND TO YOUR FORMAL REQUEST (VIA CF 28 OR 29) FOR THE REIMBURSEMENT STATEMENT PRIOR TO LIQUIDATION, CBP SHOULD PRESUME REIMBURSEMENT AND DOUBLE THE ANTIDUMPING DUTIES DUE. 6. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CBP OFFICERS, IMPORTING PUBLIC, OR INTERESTED PARTIES, PLEASE CONTACT DAVINA HASHMI AT OFFICE OF AD/CVD ENFORCEMENT, IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE, AT (202) 482-0984 (GENERATED BY G1O3: MHR). 7. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. CATHY SAUCEDA