The U.S. Department of Commerce has finalized its review of antidumping duties for organic soybean meal from India for the period between November 2, 2021, and April 30, 2023. During this review, they confirmed that Shanti Worldwide was selling the product at less than its normal value, and thus, they determined a dumping margin. The review for Shri Sumati Industries Pvt. Ltd. was rescinded, as they did not make valid sales during the review period. The document details how antidumping duties will be assessed and the cash deposit requirements for future shipments.
Simple Explanation
The U.S. Department of Commerce looked into how much companies from India were selling organic soybean meal for and found that one company, called Shanti, was selling it for too cheap, which is against the rules. They also checked another company named Sumati but didn't look into them further because they didn't make any real sales.