The
Import Administration, International Trade Administration
of the United States Department of Commerce has ruled on
antidumping duty reviews requested by four tapered roller
bearing manufacturers in China.
In
the period reviewed, June 1, 2000 through May 31, 2001 (the
U.S. government's fiscal year), the Department found that
tapered roller bearings from the People's Republic of China
were sold into the United States at, "below normal
value," or "dumped."
Affected
companies can request administrative reviews and request
that duties be suspended or modified on a company-by-company
basis.
Because
the PRC is considered a "nonmarket economy," the
Department allows companies in the PRC to receive different
antidumping duty rates for assessments and cash deposits
-- provided they can prove they are not under government
control.
Four
companies requested and qualified for reviews: Tianshui
Hailin Import and Export Corporation and Hailin Bearing
Factory, Wanxiang Group Corporation, and Zhejiang Machinery
Import and Export Corporation. The Department rejected the
requests by Wanxiang and Zhejiang.
In
May 2002, Commerce verified information provided by Hailin;
the process involved on-site facility inspection and review
of sales and financial records.
After
review, Commerce has now ruled that Tianshui Hailin Import
and Export Company and Hailin Bearing qualify for revocation
of the antidumping duty and cash deposit requirements.
This
is a preliminary determination by the Department of Commerce,
subject to a final review. If it passes final review, Commerce
will instruct the Customs Service to, "assess antidumping
duties based on the differences between the export price
or constructed export price and normal value on all appropriate
entries."
The
preliminary determination took effect July 9, 2002.
The
Department of Commerce is inviting interested and affected
parties to comment on this preliminary determination.