On April 28, 2017, the Department of Commerce (DOC) instituted the Softwood Lumber Countervailing Duty (CVD) Case C-122-858, under provisional duty measures, after making the preliminary determination that countervailable subsidies were being provided to producers and exporters of certain softwood lumber products from Canada. As part of the April 28th determination, these provisional measures were scheduled to remain in effect for no more than 120 days under CVD Case C-122-858.
On August 26, 2017, the collection of CVD duty under Case C-122-858 will end and CVD duty cannot be reinstated until after the US International Trade Commission (USITC) makes a final determination on the case. Beginning on Monday, August 28th, we will enter a “Gap Period:” the period of time from the end of provisional duty measures until the USITC makes a final decision.
Deringer will utilize “Immediate Delivery” (ID) procedures for shipments of Softwood Lumber from Canada and begin holding all entries from August 14, 2017, onward. All shipments will be filed under ID procedures so that we can choose the entry date of August 28th, in anticipation of the Gap Period going into effect and in order to prevent paying CVD.
Beginning August 28th, Deringer will revert back to Entry Status so that the day of crossing will be considered the entry date for duty purposes, and in case the Gap Period does not last long.
Deringer recommends that carriers arrive after 12:01AM on August 14, 2017, to ensure avoidance of CVD duties. Additionally, during this time period US Customs and Border Protection (CBP) will continue collection of Antidumping Duties (ADD). For any questions or concerns, please contact Deringer’s Compliance Department—firstname.lastname@example.org.