LIQUIDATION INSTRUCTIONS BASED ON ADMINISTRATIVE REVIEW OF CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA (C-580-208)

MESSAGE NO: 9321004 DATE: 11 17 2009 CATEGORY: CVD TYPE: LIQ REFERENCE: REFERENCE DATE: CASES: C - 580 - 208 - - - - - - - - - - PERIOD COVERED: 01 01 2007 TO 12 31 2007 LIQ SUSPENSION DATE: TO: DIRECTORS OF FIELD OPERATIONS PORT DIRECTORS FROM: DIRECTOR, SPECIAL ENFORCEMENT RE: LIQUIDATION INSTRUCTIONS BASED ON ADMINISTRATIVE REVIEW OF CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA (C-580-208) 1. NOTICE OF THE LIFTING OF SUSPENSION OF LIQUIDATION OF ENTRIES OF SUBJECT MERCHANDISE OCCURRED WITH THE PUBLICATION OF THE FINAL RESULTS OF ADMINISTRATIVE REVIEW OF THE COUNTERVAILING DUTY ORDER ON CERTAIN HOT-ROLLED CARBON STEEL FLAT PRODUCTS FROM KOREA, CUSTOMS CASE NUMBER (C-580-208), FOR THE PERIOD 01/01/2007 - 12/31/2007 (74 FR 55192, 10/27/2009). 2. ACCORDINGLY, YOU ARE NOW INSTRUCTED TO LIQUIDATE ALL SHIPMENTS OF CORROSION-RESISTANT CARBON STEEL FLAT PRODUCTS FROM KOREA, ENTERED, OR WITHDRAWN FROM WAREHOUSE, ON OR AFTER 01/01/2007 AND ON OR BEFORE 12/31/2007 WITHOUT REGARD TO COUNTERVAILING DUTIES: PRODUCER: POHANG IRON & STEEL CO., LTD. (POSCO) CASE NUMBER: C-580-208-001 CASH DEPOSIT RATE: 0.00 PERCENT PRODUCER: DONGBU STEEL CO., LTD. (DONGBU) CASE NUMBER: C-580-208-002 CASH DEPOSIT RATE: 0.00 PERCENT PRODUCER: HYUNDAI HYSCO LTD. (HYSCO) CASE NUMBER: C-580-208-004 CASE NUMBER: 0.00 PERCENT 3. THERE ARE NO INJUNCTIONS APPLICABLE TO THE ENTRIES COVERED BY THIS INSTRUCTION. 4. THE ASSESSMENT OF COUNTERVAILING DUTIES BY THE CBP ON SHIPMENTS OR ENTRIES OF THIS MERCHANDISE IS SUBJECT TO THE PROVISIONS OF SECTION 778 OF THE TARIFF ACT OF 1930. 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 OF PAYMENT OF ESTIMATED COUNTERVAILING 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. 5. THE SUSPENSION OF LIQUIDATION ORDERED FOR THIS MERCHANDISE ENTERED ON OR AFTER 01/01/2007 AND ON OR BEFORE 12/31/2007 IS LIFTED. SUSPENSION OF LIQUIDATION FOR ALL ENTRIES OF THIS MERCHANDISE ENTERED AFTER 12/31/2007 WILL CONTINUE. 6. IF THERE ARE ANY QUESTIONS REGARDING THIS MATTER BY CBP OFFICIERS, THE IMPORTING PUBLIC OR INTERESTED PARTIES, PLEASE CONTACT DAVINA HASHMI OR RON TRENTHAM AT OFFICE OF AD/CVD OPERATIONS, IMPORT ADMINISTRATION, INTERNATIONAL TRADE ADMINISTRATION, U.S. DEPARTMENT OF COMMERCE AT (202) 482-0984 OR (202) 482-3577 RESPECTIVELY. GENERATED BY (O3:GL). 7. THERE ARE NO RESTRICTIONS ON THE RELEASE OF THIS INFORMATION. FLORENCE V. CONSTANT