If your company competed against unfairly subsidized imports shipped between October 1, 2000 and October 1, 2007, you may be eligible for some extra cash.
According to U.S. Customs and Border Protection (CBP), antidumping or countervailing duties (AD/CV) collected during this seven year period will be distributed to certain U.S. domestic companies, as the Federal Register notice states here.
How do you know if your company qualifies?
At the end of the notice, CBP lists all 502 AD/CV case numbers and the names of companies eligible to receive revenue if claimed correctly and on time. Check here to find out if your company made the list.
What’s the next step?
CBP has released a helpful certification form for claimants to fill out and file. Before any funds will be distributed, eligible companies must file a certification. This can be done online here, at pay.gov (registration required, click the link for more info). Before submitting your certification, you may want to review the preliminary dollar amount for your company’s case to determine whether or not filing a claim will be worthwhile.
Check your calendar and be on time.
If you plan of filing a claim, CBP must receive your company’s certification by July 28, 2015. Any claims filed after July 28, 2015 will become ineligible for their portion of the funds to be distributed.
Be prepared.
Warning! According to the Federal Register, the final amount your company receives may be higher or lower than the preliminary amounts listed.