In June of 2018, the Canada Border Services Agency (CBSA) implemented a new normal value review process. Normal value reviews are conducted by the CBSA to ensure that normal values and export prices in place accurately reflect current market conditions.
On November 15, 2018 CBSA initiated a normal value and export price review to update the normal values and export prices of certain liquid dielectric transformers exported from Korea to Canada by Hyundai Electric & Energy Systems Co., Ltd. (Hyundai Energy).
Subject goods are defined as Liquid dielectric transformers having a top power handling capacity equal to or exceeding 60,000 kilovolt amperes (60 megavolt amperes), whether assembled or unassembled, complete or incomplete, originating in or exported from Korea. The full product definition and the applicable classification numbers of the goods are contained in the Appendix of the Notice of Initiation of Normal Value Review.
Should the exporter decide to participate in the review, they must provide a complete and accurate response to the CBSA’s dumping Request for Information (RFI) by December 21, 2018. The exporter will be considered co-operative if the requested information is complete, submitted on time and the exporter permits verification of the data.
If the exporter does not provide a complete response to the RFI by the deadline date, normal values for subject goods exported by Hyundai Energy will be determined by advancing the export price of the goods by 101%, pursuant to a ministerial specification.
The schedule for this review is available. The CBSA will close the record for this normal value and export price review once it has been determined that sufficient information has been received to make a decision. The CBSA will update the website to announce that the record has been closed. Interested parties will have seven days from the close of the record to file submissions concerning the normal value and export price review.
Any questions concerning the above should be directed to Johnny Tong: 613-954-7350 or by email to: email@example.com
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