U.S. Customs and Border Protection announced Nov. 1 that in fiscal year 2023 it liquidated the last of the imports subject to the Continuing Dumping and Subsidy Offset Act of 2000, otherwise known as the Byrd Amendment.
The CDSOA provided that assessed antidumping and countervailing duties would be distributed to affected domestic producers that file annual certifications. Congress repealed the law in 2005 but allowed that AD and CV duties collected on imports under the act filed before Oct. 1, 2007, would continue to be distributed.
Each year CBP announces its intent to distribute AD and CV duties under the CDSOA and lists the individual AD/CV duty orders and findings for which funds may become available for distribution, together with the affected domestic producers associated with each order or finding that are potentially eligible to receive a distribution. CBP said in a Nov. 1 press release that it has disbursed $3.6 billion under this process to steel manufacturers, shrimp farmers, honey producers, and others.
Now, CBP said, it has liquidated the final 4,900 imports subject to the CDSOA after receiving final instructions from the Department of Commerce. However, the distribution process for the duties collected from these final imports, as well as amounts held pending litigation and duties subject to ongoing collection efforts, will continue for an undetermined period.
Copyright © 2023 Sandler, Travis & Rosenberg, P.A.; WorldTrade Interactive, Inc. All rights reserved.