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Mar 26, 2014 / 16:46

DOC issues preliminary decision on shrimp duty

The US Department of Commerce (DOC) made a preliminary decision on the anti-dumping tax of certain frozen warm water shrimp from Vietnam, for the 8th period of review (POR8) from February 1, 2012 to January 31, 2013.

This was revealed by the Vietnam Competition Authority (VCA) under the Ministry of Trade and Industry.

Accordingly, temporary tax rates will be 4.98% and 9.75% respectively for two mandatory respondents, 6.37% for voluntary respondents and US$25.76% for the remaining respondents nationwide.

These are considered relatively high tax rates compared to the previous PORs. During these administrative reviews, the tax rate was below 4.57% for both mandatory and voluntary respondents.

During the POR7, DOC made a final decision on the anti-dumping rate of zero percent for both mandatory and voluntary respondents.

VCA said that DOC will announce a method to calculate the dumping margin in the POR8 for related parties during the administrative review of five days, since March 18.

Interested parties can send a comment on these preliminary results within 30 days since the date of publication of this notice.

DOC is expected to issue the final decision within 120 days of the preliminary decision published on the Federal Government Gazette.