PARTIAL REVOCATION OF ANTIDUMPING DUTY ORDER ON TRBS AND PARTS THEREOF, FINISHED AND UNFINISHED, FROM THE PEOPLE'S REPUBLIC OF CHINA (A-570-601)\

MESSAGE NO: 7087112 DATE: 03 28 1997 CATEGORY: ADA TYPE: REV REFERENCE: REFERENCE DATE: CASES: A - 570 - 601 - - - - - - - - - - PERIOD COVERED: 02 11 1997 TO LIQ SUSPENSION DATE: TO: CMC DIRECTORS, PORT DIRECTORS FROM: DIRECTOR, IMPORT OPERATIONS RE: PARTIAL REVOCATION OF ANTIDUMPING DUTY ORDER ON TRBS AND PARTS THEREOF, FINISHED AND UNFINISHED, FROM THE PEOPLE'S REPUBLIC OF CHINA (A-570-601)\ 1. BECAUSE SHANGHAI GENERAL BEARING CO., LTD. (SHANGHAI GENERAL) HAS MET THE REQUIREMENTS FOR REVOCATION IN THE ANTIDUMPING DUTY ORDER ON TAPERED ROLLER BEARINGS AND PARTS THEREOF, FINISHED AND UNFINISHED (TRBS) FROM THE PEOPLE'S REPUBLIC OF CHINA (PRC), THE DEPARTMENT OF COMMERCE HAS REVOKED THIS ANTIDUMPING DUTY ORDER WITH RESPECT TO THIS COMPANY. COMMERCE PUBLISHED THIS PARTIAL REVOCATION IN THE FEDERAL REGISTER ON 02/11/97, 62 FR 6189. 2. THEREFORE, CUSTOMS IS DIRECTED TO TERMINATE THE SUSPENSION OF LIQUIDATION FOR ALL SHIPMENTS OF TRBS MANUFACTURED/ SHIPPED/EXPORTED BY SHANGHAI GENERAL ENTERED, OR WITHDRAWN FROM WAREHOUSE, FOR CONSUMPTION ON OR AFTER JUNE 1, 1994, AND TO LIQUIDATE SUSPENDED ENTRY SUMMARIES WITHOUT REGARD TO ANTIDUMPINGDUTIES. 3. THE ASSESSMENT OF ANTIDUMPING DUTIES BY THE CUSTOMS SERVICE ON 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, OR ASSESS INTEREST ON UNDERPAYMENTS, OF THE REQUIRED AMOUNTS DEPOSITED AS ESTIMATED ANTIDUMPING DUTIES. THE INTEREST PROVISIONS ARE NOT APPLICABLE TO CASH BONDS POSTED AS ESTIMATED ANTIDUMPING DUTIES BEFORE THE DATE OF PUBLICATION OF THE ANTIDUMPING DUTY ORDER. INTEREST SHALL BE CALCULATED FROM THE DATE OF PAYMENT OF ESTIMATED ANTIDUMPING 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, IMPORT OPERATIONS, ANTIDUMPING/COUNTERVAILING DUTY USING THE ATTRIBUTE "HQ OAB." IMPORTING PUBLIC AND INTERESTED PARTIES SHOULD CONTACT CHARLES RIGGLE AT 202-482-0650, OF IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, DEPARTMENT OF COMMERCE. 5. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. PAUL SCHWARTZ ACTING