2025-06230NoticeWallet

India's PTFE Resin Hit with Preliminary Subsidy Duties

Published Date: 4/11/2025

Notice

Summary

The U.S. Department of Commerce found that Gujarat Fluorochemicals Limited (GFCL) in India got unfair government help while selling granular PTFE resin to the U.S. This means extra taxes (countervailing duties) might be charged on their products for 2023. Businesses and buyers should watch for final decisions soon, as these changes could affect prices and trade starting April 2025.

Analyzed Economic Effects

3 provisions identified: 0 benefits, 3 costs, 0 mixed.

GFCL preliminarily assigned 5.16% duty

The Department of Commerce preliminarily found that Gujarat Fluorochemicals Limited (GFCL) received countervailable subsidies and assigned a subsidy rate of 5.16 percent ad valorem for the period January 1, 2023, through December 31, 2023. This preliminary determination was published with applicability on April 11, 2025.

CBP assessment of duties after final results

If Commerce issues final results, U.S. Customs and Border Protection (CBP) will assess countervailing duties on all appropriate entries covered by this review. Commerce intends to issue assessment instructions to CBP regarding GFCL no earlier than 35 days after publication of the final results, and if a timely summons is filed, CBP will be instructed not to liquidate relevant entries until the period for requesting a statutory injunction has expired (within 90 days of publication).

Cash deposit collection at estimated duty rate

Commerce intends to instruct CBP to collect cash deposits of estimated countervailing duties in the amount indicated (the 5.16 percent rate) for shipments of the subject merchandise entered, or withdrawn from warehouse, for consumption on or after the date of publication of the final results of this review. For firms not reviewed in this administrative review, CBP will continue to collect cash deposits at the most recent company-specific or all-others rate, and these cash deposit instructions will remain in effect until further notice.

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Key Dates

Published Date
4/11/2025

Department and Agencies

Department
Independent Agency
Agency
Commerce Department
International Trade Administration
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