Treatment of difference between deposit of estimated countervailing duty and final assessed duty under countervailing duty order

19 U.S.C. § 1671f

• Title: 19 — Customs Duties
• Subtitle: IV
• Chapter: 4 — TARIFF ACT OF 1930
• Part: I

Text

(a) Deposit of estimated countervailing duty under section 1671b(d)(1)(B) of this title
If the amount of a cash deposit, or the amount of any bond or other security, required as security for an estimated countervailing duty under section 1671b(d)(1)(B) of this title is different from the amount of the countervailing duty determined under a countervailing duty order issued under section 1671e of this title, then the difference for entries of merchandise entered, or withdrawn from warehouse, for consumption before notice of the affirmative determination of the Commission under section 1671d(b) of this title is published shall be—
(1) disregarded, to the extent that the cash deposit, bond, or other security is lower than the duty under the order, or
(2) refunded or released, to the extent that the cash deposit, bond, or other security is higher than the duty under the order.
(b) Deposit of estimated countervailing duty under section 1671e(a)(3) of this title
If the amount of an estimated countervailing duty deposited under section 1671e(a)(3) of this title is different from the amount of the countervailing duty determined under a countervailing duty order issued under section 1671e of this title, then the difference for entries of merchandise entered, or withdrawn from warehouse, for consumption after notice of the affirmative determination of the Commission under section 1671d(b) of this title is published shall be—
(1) collected, to the extent that the deposit under section 1671e(a)(3) of this title is lower than the duty determined under the order, or
(2) refunded, to the extent that the deposit under section 1671e(a)(3) of this title is higher than the duty determined under the order,
together with interest as provided by section 1677g of this title.

History

(June 17, 1930, ch. 497, title VII, §707, as added Pub. L. 96–39, title I, §101, July 26, 1979, 93 Stat. 161; amended Pub. L. 103–465, title II, §264(c)(10), Dec. 8, 1994, 108 Stat. 4914.)

Editorial Notes

Editorial Notes

Amendments
1994—Subsec. (a). Pub. L. 103–465 substituted "1671b(d)(1)(B)" for "1671b(d)(2)" in heading and text.

Statutory Notes and Related Subsidiaries

Effective Date of 1994 Amendment
Amendment by Pub. L. 103–465 effective, except as otherwise provided, on the date on which the WTO Agreement enters into force with respect to the United States (Jan. 1, 1995), and applicable with respect to investigations, reviews, and inquiries initiated and petitions filed under specified provisions of this chapter after such date, see section 291 of Pub. L. 103–465, set out as a note under section 1671 of this title.