NOTICES

DEPARTMENT OF COMMERCE

[C-351-037]

Certain Cotton Yarn Products From Brazil; Final Results of Countervailing Duty Administration Review

Tuesday, July 10, 1990

AGENCY: International Trade Administration/Import Administration, Department of Commerce.

ACTION: Notice of Final Results of Countervailing Duty Administrative Review.

SUMMARY: On May 11, 1990, the Department of Commerce published the preliminary results of its administrative review on certain cotton yarn products from Brazil for the period January 1, 1987 through December 31, 1987. We have now completed that review and determine the net subsidy to be zero or de minimis for four firms and 2:36 percent ad valorem for all other firms.

EFFECTIVE DATE: July 10, 1990.

FOR FURTHER INFORMATION CONTACT: Philip Pia or Paul McGarr, Office of Countervailing Compliance, International Trade Administration, U.S. Department of Commerce, Washington, DC 20230; telephone: (202) 377-2786.

SUPPLEMENTARY INFORMATION:

Background

On May 11, 1990, the Department of Commerce (the Department) published in the Federal Register (55 FR 19766) the preliminary results of its administrative review of the countervailing duty order on certain cotton yarn products from Brazil (42 FR 14089; March 15, 1977). The Department has now completed that review in accordance with section 751 of the tariff Act of 1930, as amended (the Tariff Act).

Scope of Review

Imports covered by this review are shipments of Brazilian yarn, carded but not combed, wholly of cotton. During the review period, such merchandise was classifiable under items 301.01 through 301.98, inclusive, and under item 302.--with statistical suffixes 20, 22, and 24 of the Tariff Schedules of the United States. This merchandise is currently classifiable under Harmonized Tariff Schedule (HTS) items 5205.11.10, 5205.11.20, 5205.12.10, 5205.12.20, 5205.13.10, 5205.13.20, 5205.14.10, 5205.14.20, 5205.15.10, 5205.15.20, 5205.31.00, 5205.32.00, 5205.33.00, 5205.34.00, and 5205.35.00. The HTS items are provided for convenience and Customs purposes. The written description remains dispositive.

The review covers the period January 1, 1987 through December 31, 1987 and seven programs: (1) CACEX export financing; (2) an income tax exemption

*28270

for export earnings; (3) BEFIEX; (4) the IPI export credit premium; (5) CIC-OPCRE 6-2-6 financing; (6) Price Equalization Program; and (7) FST financing.

Analysis of Comments Received

We gave interested parties an opportunity to comment on the preliminary results. We received no comments.

Final Results of Review

As a result of our review, we determine the net subsidy to be zero or de minimis for four firms and 2:36 percent ad valorem for all other firms.
(1) Unitika do Brazil Industria Textil Ltda.;
(2) Cia. Industrial e Agricola Boyes;
(3) Minasa Trading S.A.; and
(4) Filobel Comercial Ltda.

The Department will instruct the Customs Service to liquidate, without regard to countervailing duties, shipments of Brazilian carded cotton yarn from the four firms listed above, and to assess countervailing duties of 2.36 percent of the f.o.b. invoice price on shipments from all other firms exported on or after January 1, 1987 and on or before December 31, 1987.

The Department will also instruct the Customs Service to waive cash deposits of estimated countervailing duties on shipments of this merchandise from the four firms listed above and, and a result of the November 1988 reduction in the equalization fee for CACEX export financing, to collect a cash deposit of estimated countervailing duties of 1.98 percent of the f.o.b. invoice price on shipments from all other firms entered, or withdrawn from warehouse, for consumption on or after the date of publication of this notice. This deposit requirement shall remain in effect until publication of the final results of the next administrative review.

This administrative review and notice are in accordance with section 751(a)(1) of the Tariff Act (19 U.S.C. 1675(a)(1)) and 19 CFR 355.22.
Dated: June 29, 1990.

Eric I. Garfinkel,

Assistant Secretary for Import Administration.

[FR Doc. 15875 Filed 7-9-90; 8:45 am]

BILLING CODE 3510-DS-M