Wood mouldings CVD rates are set to rise sharply for three Chinese exporters following the final 2024 countervailing duty administrative review. Importers, customs brokers, and sureties should prepare for new cash deposit requirements, substantial retrospective assessments, and closer scrutiny of supplier identities beginning with the scheduled November 12, 2026 publication.
Final CVD Rates and Commerce's Methodology
The 2024 countervailing duty review covers subject wood mouldings and millwork products from China entered between January 1 and December 31, 2024. Commerce assigned a 147.88% ad valorem subsidy rate to each of the three individually examined companies. Eleven non-selected companies under review received a 21.39% rate.
| Exporter or producer group | Final CVD rate |
|---|---|
| Nanping Huatai Wood and Bamboo Co., Ltd. | 147.88% |
| Fujian Yinfeng Imp & Exp Trading Co., Ltd. and designated cross-owned entities | 147.88% |
| Fujian Hongjia Craft Products Co., Ltd. | 147.88% |
| Non-selected companies under review | 21.39% |
These final rates have two distinct consequences. They generally determine the assessment of countervailing duties on covered 2024 entries and establish prospective cash deposit rates for applicable merchandise entered on or after the publication date.
Why the Individually Examined Companies Received 147.88%
The three examined companies withdrew from participation before verification. Commerce therefore did not verify their submitted information and relied entirely on total adverse facts available when calculating the final rates. In an administrative review, withdrawal before verification can leave Commerce without the evidence needed to validate reported sales, subsidy programs, ownership relationships, and government assistance.
The 21.39% rate for non-selected companies was not calculated by averaging the three adverse facts available rates. Because every individually examined rate was based entirely on facts available, Commerce used another reasonable method. It drew from an average of the most recent rates that were not zero, de minimis, or based entirely on facts available.
This distinction matters for compliance planning. The 147.88% rate reflects the procedural and evidentiary circumstances of the examined respondents, while the 21.39% rate applies only to the designated non-selected companies covered by the review. Importers should not assume that every Chinese supplier automatically receives either rate.
Entry, Cash Deposit, and Liquidation Implications
The new CVD cash deposit rates are scheduled to apply to subject entries made on or after November 12, 2026, provided publication occurs as planned. Importers and customs brokers should update ACE entry configuration, supplier master data, and internal duty calculation tools before transmitting affected entries.
Companies not covered by the 2024 review generally retain their most recent company-specific rate. If no company-specific rate applies, the applicable all-others rate may continue to govern. Correct treatment depends on the exporter, producer, case number, entry date, and any applicable combination rate or cross-ownership determination.
Retrospective Assessments Require Separate Planning
The final review results also affect liquidation of covered 2024 entries. Commerce is expected to issue assessment instructions to CBP no earlier than 35 days after publication. A timely summons filed with the U.S. Court of International Trade can delay liquidation while the applicable 90-day injunction period remains open.
Importers should distinguish the final assessment liability on 2024 entries from prospective cash deposits on new entries. Cash deposits are security against potential future liability. They are not necessarily the final amount owed. Final assessment rates may be higher or lower after an administrative review, creating additional bills or potential refunds when entries liquidate.
For entries associated with a 147.88% rate, the financial exposure can be substantial. Compliance teams should reconcile the entered value, exporter and producer pair, deposit rate used at entry, suspended liquidation status, and anticipated final assessment. Surety teams may also evaluate whether the increased exposure affects bond sufficiency.
The 2025 Review Does Not Change These Results
The separate 2025 CVD administrative review was rescinded in its entirety after review requests were withdrawn and no remaining companies had reviewable suspended entries for that period. That rescission generally means covered 2025 entries will be assessed at the cash deposit rates in effect when they were entered.
The rescission does not reverse the final 2024 results or eliminate the prospective deposit changes arising from them. Importers should keep the two review periods separate in reserve calculations, entry testing, and communications with finance teams.
Compliance Actions for Importers and Customs Brokers
The immediate priority is accurate party identification. AD/CVD liability often depends on more than the commercial name shown on an invoice. Importers and brokers should confirm the manufacturer, exporter, seller, related entities, and any cross-owned companies involved in the transaction.
For Fujian Yinfeng Imp & Exp Trading Co., Ltd., this process should include confirming whether the transaction involves the identified Fujian Province Youxi City Mangrove Wood Machining entities. Abbreviations, translated names, address variations, and inconsistent manufacturer identification codes can create entry errors if master data is not normalized.
Update Entry Controls Before the Effective Date
A practical response should include the following measures:
- Update the applicable CVD case and cash deposit rates in ACE entry templates and brokerage systems.
- Identify open purchase orders and shipments expected to enter on or after the publication date.
- Review supplier and manufacturer records for aliases, cross-owned entities, and name variations.
- Recalculate estimated landed costs using the correct entered value and ad valorem rate.
- Test entries from the 2024 review period against final assessment exposure.
- Coordinate with sureties regarding any material increase in potential duty liability.
- Preserve entry summaries, invoices, manufacturer certifications, scope analyses, and deposit records.
Brokers should obtain written client instructions when exporter or producer identity is unclear. Importers remain responsible for reasonable care, but brokers need sufficient information to transmit accurate entry data and apply the correct AD/CVD treatment.
Build Reserves Around Liquidation Risk
Finance and trade compliance teams should establish reserves based on entry-level data rather than relying only on aggregate purchasing reports. The reserve analysis should generally account for entered value, original deposits, anticipated final assessment rates, interest exposure, and the possibility of delayed liquidation.
Importers should also monitor whether covered entries remain suspended. Premature assumptions about liquidation status can distort financial reporting and cause companies to overlook supplemental duty bills.
Separate AD/CVD From Drawback-Eligible Duties
Countervailing and antidumping duties, including associated cash deposits, are not eligible for duty drawback. Importers therefore cannot recover the 147.88% or 21.39% CVD amounts through a drawback claim.
Ordinary customs duties paid on the same entries may still qualify for drawback when the underlying import, export or destruction, timing, documentation, and statutory requirements are satisfied. Companies should separate ordinary duties from AD/CVD amounts in their drawback calculations rather than excluding the entire entry from consideration.
- On November 4, 2026, the U.S. Department of Commerce issued final results of the 2024 countervailing duty administrative review of wood mouldings and millwork products from China (case C-570-118, period of review January 1 to December 31, 2024). Three individually examined companies that withdrew before verification received total adverse facts available rates of 147.88 percent ad valorem: Nanping Huatai Wood and Bamboo Co., Ltd.; Fujian Yinfeng Imp & Exp Trading Co., Ltd. (with cross-owned Fujian Province Youxi City Mangrove Wood Machining entities); and Fujian Hongjia Craft Products Co., Ltd. Non-selected companies under review received 21.39 percent. The notice was filed for public inspection around November 10 and is scheduled for Federal Register publication on November 12, 2026. Commerce had published preliminary results on May 8, 2026, and extended the final deadline twice (to October 28, then November 4).
- On November 5, 2026, Commerce rescinded the 2025 CVD administrative review of the same order (C-570-118) in its entirety. After several companies withdrew their review requests, no remaining companies had reviewable, suspended entries of subject merchandise during calendar year 2025. Cash deposit rates will not change, and CBP will assess duties on 2025 entries at the cash deposit rates in effect at the time of entry.
- Industry coverage on November 5, 2026, reported that the 147.88 percent final CVD rates for the three producers were nearly three times the preliminary levels for two of them (and below the preliminary for the third). A companion antidumping duty review news item around November 9-10, 2026, noted rate reductions for some separate-rate exporters (to 37.24 percent from 42.04 percent) while moving two companies that withdrew from verification to the China-wide rate of 220.87 percent.
- No relevant practitioner discussions on X about these specific CVD rates, the 2024 review, or the 2025 rescission were identified in recent posts.
Frequently Asked Questions
When Do the New Wood Mouldings CVD Rates Take Effect?
The prospective cash deposit rates are scheduled to apply to entries made on or after November 12, 2026, assuming publication occurs on that date. Entries made before publication generally remain subject to the deposit rate in effect at the time of entry, although their final assessment can change through administrative review.
Does the 147.88% Rate Apply to Every Chinese Exporter?
No. The 147.88% rate applies to the three individually examined companies and the relevant cross-owned entities covered by Commerce's determination. The eleven designated non-selected companies receive 21.39%. Other companies generally retain their existing company-specific or all-others rates unless another determination changes them.
Why Did Commerce Use Adverse Facts Available?
The individually examined respondents withdrew before verification. Without verified information, Commerce relied on total adverse facts available to complete its subsidy analysis. The result was a 147.88% rate for each examined company.
Are the Final Assessment Rate and Cash Deposit Rate the Same?
They may use the same published percentage initially, but they serve different purposes. The assessment rate determines final liability for entries covered by the 2024 review. The cash deposit rate applies prospectively as security on new entries and may change after a future review.
Can Importers Claim Duty Drawback on These CVD Amounts?
No. Countervailing duties, antidumping duties, and related cash deposits are not drawback eligible. Ordinary customs duties paid on the same merchandise can still be eligible if the transactions otherwise satisfy the requirements for drawback.
What Should a Broker Do if the Manufacturer Is Unclear?
The broker should obtain additional documentation before filing. Commercial invoices, purchase orders, manufacturer affidavits, production records, and supplier certifications may help establish the correct producer and exporter. A trading company name alone may not be enough to determine the applicable rate.
How Stable Software Can Help
Preserve Eligible Refunds Without Mixing Duty Types
The new wood mouldings CVD rates make it especially important to distinguish non-drawback-eligible AD/CVD amounts from ordinary customs duties that may still qualify for recovery. DrawbackAI gives U.S. customs brokers a duty drawback software option they can white-label for importer clients and use to file claims under their own filer code.
Stable Software charges a flat software license and never takes a percentage of the importer's refund. Brokers evaluating drawback opportunities for wood products and other imported merchandise can use this model to expand client services while retaining control of filing relationships and refund economics.
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