Commerce Probes India's Plastic Film Subsidies – Yawn
Published Date: 1/8/2026
Notice
Summary
The U.S. Department of Commerce found that some Indian companies making PET film got government subsidies in 2023, which could affect import duties. However, the review is partly canceled for seven companies, meaning no changes for them right now. This update kicks in on January 8, 2026, and could impact how much money companies pay when selling these products in the U.S.
Analyzed Economic Effects
3 provisions identified: 0 benefits, 2 costs, 1 mixed.
Preliminary Subsidy Rates Announced
Commerce preliminarily found countervailable subsidy rates for PET film from India for the period January 1, 2023 through December 31, 2023. Cosmo First Limited (and its cross-owned affiliate) was preliminarily assigned a 10.03% ad valorem rate, and JPFL Films Private Ltd. (and its cross-owned affiliate Jindal Poly Films Limited) was preliminarily assigned a 12.41% ad valorem rate.
Cash Deposit and Assessment Rules
Commerce intends, upon publication of final results, to instruct U.S. Customs and Border Protection (CBP) to collect cash deposits of estimated countervailing duties in the amounts calculated in the final results for shipments entered or withdrawn for consumption on or after the date of publication of the final results. For non‑reviewed firms, CBP will continue to collect deposits at the all‑others rate or the most recent company‑specific rate as appropriate.
Partial Rescission for Seven Firms
Commerce rescinded the administrative review, in part, for seven named Indian companies (Ester Industries Limited; Polyplex Corporation, Ltd.; SRF Limited; Vacmet India Limited; Chiripal Poly Films Limited; Garware Hi‑Tech Films Limited; Garware Polyester Ltd.). For those seven companies, there are no updated subsidy rates now and Commerce will not issue review results for them at this time.
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