Notification of rescission of administrative review of countervailing duty order on raw flexible magnets from the People s Republic of China (C-570-923).

1. Commerce has rescinded the administrative review of the countervailing duty order on raw flexible magnets from the People's Republic of China (C-570-923) covering the period 01/01/2016 through 12/31/2016 for the firms listed below. You are to assess countervailing duties on merchandise entered, or withdrawn from warehouse, for consumption during the period 01/01/2016 through 12/31/2016 at the cash deposit rate required at the time of entry. Liquidate all entries for the following firms: Company: SOM International Limited No case number was in place for this company during the period of review. Entries may have been made under C-570-923-000 or other company-specific case numbers. Company: Wenzhou Haibao Printing Co., LTD. No case number was in place for this company during the period of review. Entries may have been made under C-570-923-000 or other company-specific case numbers. 2. Notice of the lifting of suspension of liquidation of entries of subject merchandise covered by paragraph 1 occurred with publication of the notice of rescission of administrative review (83 FR 5060, 02/05/2018). Unless instructed otherwise, for all other shipments of raw flexible magnets from the People's Republic of China you shall continue to collect cash deposits of estimated countervailing duties for the merchandise at the current rates. 3. There are no injunctions applicable to the entries covered by this instruction. 4. 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. 5. 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 OIII:PMT.) 6. There are no restrictions on the release of this information. Alexander Amdur