The U.S. Department of Commerce has completed its review of antidumping duties on certain lined paper products from India, determining that they were sold in the U.S. at less than their normal value between September 1, 2022, and August 31, 2023. Adjustments were made to the margin calculations for specific companies, and rates were assigned to those not individually examined. Importers must comply with specific requirements to avoid double duties, and new cash deposit rates will apply starting March 27, 2025.
Simple Explanation
The U.S. Department of Commerce found that some school paper from India was sold to the U.S. really cheaply last year, which wasn't fair, so they set new rules to charge extra money when this paper comes into the U.S. now.