Search Results for keywords:"non-bona fide sale"

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Search Results: keywords:"non-bona fide sale"

  • Type:Notice
    Citation:86 FR 2639
    Reading Time:about 4 minutes

    The Department of Commerce announced the rescission of a new shipper review of wooden bedroom furniture from China involving the company Kunshan Jujia Decoration Design Co., Ltd. The decision was made because the sale was determined to be non-bona fide based on factors like sales price and quantity. As a result, Jujia remains part of the China-wide entity for antidumping duties, with merchandise subject to the prevailing China-wide rate. The decision follows analysis and comments from interested parties, as documented in the Issues and Decision Memorandum.

    Simple Explanation

    The Department of Commerce found out that a Chinese company named Kunshan Jujia Decoration Design Co., Ltd. sold some bedroom furniture in a way that wasn't considered fair or "real," so they decided to cancel a special trade review with them. Because of this decision, the company still has to pay a very high tax rate when selling their furniture in the U.S.