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US extends deadline to file marine dumping details
INDIA - Indian marine products exporters are breathing a sigh of relief after the US Department of Commerce (DoC) extended the deadline for filing the mandatory quantity and value (Q&V) questionnaire in the anti-dumping case to May 23.The DoC is in the process of selecting the mandatory respondents for the second round of administrative review in the shrimp anti-dumping case and many companies were eliminated from the list as the earlier deadline had expired on April 23.
Three companies - Hindustan Lever (HLL), Falcon Marine and Liberty Group - were selected as mandatory respondents for the first review that ended in February 2007. The DoC had raised the anti-dumping duty on Indian shrimp exports from 10.17 per cent to 10.54 per cent on an average.
About 21 active exporters may not be in a position to pay the exorbitant Adverse Facts Available (AFA) duty, which at a minimum rate is about 81 per cent, and will not be able to export to the US. With the extension, about 204 companies get another chance to file the questionnaire.
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Source: Business Standard
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