Daily trade news · Customs & compliance
India Shrimp Deposit Rates Reset; OFAC Adds New Payment Restrictions
Published
New antidumping cash-deposit requirements take effect today for reviewed Indian shrimp suppliers and two Taiwanese ribbon companies. Separately, OFAC has designated a Turkish bank and related firms, with a tightly limited wind-down license. These are distinct changes to entry costs and transaction permissions—not a single across-the-board tariff increase. Shrimp final results · Ribbon final results · OFAC action
India shrimp: three review rates, not one countrywide charge
Commerce · A-533-840 · Final administrative-review results · 91 FR 56861
Commerce’s notice, signed September 1 and published September 4, establishes the following final dumping margins for certain frozen warmwater shrimp from India. The same rates become prospective cash-deposit requirements for the covered suppliers when merchandise is entered, or withdrawn from warehouse, for consumption on or after September 4, 2026. The historical review period is February 1, 2024–January 31, 2025. Official final notice
| Producer or exporter | Rate |
|---|---|
| Devi Group: Devi Fisheries Limited; Satya Seafoods Private Limited; Usha Seafoods; Devi Aquatech Private Limited | 4.04% |
| Sandhya Aqua Exports Private Limited | 7.01% |
| Companies listed in Appendix II that were not individually examined | 5.53% |
Source: September 4 final results, rate table and cash-deposit provisions.
The 5.53% rate is limited to the listed review companies. Other firms may retain a previously established rate; where the exporter lacks one, the producer’s rate can control. The notice’s 10.17% all-others fallback applies only at the end of that hierarchy. These are antidumping deposits, not an all-in estimate of every duty on a shipment. Cash-deposit requirements
For older entries within the review period, assessment is a separate process: Commerce calculates importer-specific assessment rates for the examined suppliers and will issue liquidation instructions no earlier than 35 days after publication, subject to the stated court-litigation safeguards. A broker should not apply the new deposit table mechanically to every historical entry. Assessment provisions
Taiwan ribbons: 83.67% for two named suppliers
Commerce · A-583-844 · Final administrative-review results · 91 FR 56857
The final review of narrow woven ribbons with selvedge from Taiwan assigns 83.67% to both Lace Fashions Industrial Co., Ltd. and Trydent Co., Ltd. The results, signed September 1 and published September 4, cover September 1, 2023–August 31, 2024. The new prospective deposit requirement applies to covered consumption entries and warehouse withdrawals from September 4, 2026. Final results and deposit instructions
Commerce used adverse facts available—a method that can draw an unfavorable inference when required information is not adequately provided—and retained the result from its August 13 post-preliminary analysis. No interested party submitted comments on that analysis. The final publication now establishes the operative deposit requirement. Commerce’s explanation
Do not assign 83.67% to all Taiwanese ribbons. Other suppliers follow the notice’s existing exporter/producer rate hierarchy; the all-others fallback is 4.37%. Historical assessment instructions for the two reviewed suppliers are separate from current deposits and are not due earlier than 35 days after publication. Assessment and cash-deposit requirements
New AD/CVD reviews start filing clocks and correct an importer listing
Commerce · Initiation notice · Signed September 1; published September 4, 2026 · 91 FR 56836
Commerce opened another group of antidumping and countervailing-duty administrative reviews. The company-by-company list includes paper shopping bags from several countries, Indian PET film, Italian pasta and Mexican fresh tomatoes, among other proceedings. This notice initiates reviews; it does not itself announce replacement deposit rates for those cases. Full proceeding, company and review-period list
For listed exporters in non-market-economy proceedings seeking a separate rate, the required application or certification is due 14 calendar days after publication—September 18, 2026. Being outside the individually examined respondent group does not remove that filing requirement. Where applicable, a no-sales notice is due within 30 days, and a party requesting a review generally has 90 days to withdraw its request. Follow the specific proceeding’s instructions when calendaring filings. Separate-rate and procedural deadlines
The notice also corrects a concrete identification error: Salem Steel N.A., LLC, a U.S. importer, was inadvertently included in the August 10 initiation covering Indian cold-drawn mechanical tubing. Commerce now clarifies that Salem Steel is not subject to that review. This is not a removal of the underlying product from the order. Footnote 4 and the corrected listing
Iran-related sanctions reach Golden Global’s Turkish financial network
OFAC · SDN designations and Iran General License CC · September 4, 2026
OFAC added three Turkish entities to the Specially Designated Nationals and Blocked Persons List under Executive Order 13902: Golden Global Yatirim Bankasi Anonim Sirketi (Golden Global Investment Bank; SWIFT/BIC GOGYTRIS), Golden Global Varlik Kiralama Anonim Sirketi and Golden Global Portfoy Yonetimi Anonim Sirketi. For affected trade transactions, screening must cover the payment chain as well as the seller and buyer. OFAC designation records
The license is not permission to initiate new ordinary business or to transact with other blocked parties outside its scope. A practical response is to flag pending remittances and trade-finance arrangements for sanctions review before payment release, and document why any claimed wind-down falls within the license. Authorization and exclusions
Cuba: new designations and a narrow diplomatic-payment expansion
OFAC · September 3, 2026 list update and General License 4A
OFAC added Fidel Ernesto Castro Calis and five Cuban entities under Executive Order 14404. The commercial screening additions are Banco Exterior de Cuba (SWIFT/BIC BECUCUHH), Comercial CUPET S.A., Empresa de Servicios Comandante Rene Ramos Latour (NICAROTEC), Empresa Importadora de Abastecimiento para el Petroleo (ABAPET) and Empresa Importadora y Abastecedora del Niquel (CEXNI). They include banking, fuel, mining-support and import-supply activities. Official names, aliases and identifiers
Effective September 3, General License 4A replaces the July 23 General License 4 for third-country diplomatic and consular missions in Cuba. Comparing the texts shows the actual expansion: 4A removes the old restriction that generally barred transfers to blocked persons except for specified taxes, fees, import duties, permits, licenses and utilities. The authorization remains tied to mission business and the specified personal-expenditure transfers and accounts; it still does not unblock previously blocked property. It is not a general commercial-trade exemption. New GL 4A · Superseded GL 4 for comparison
Separately, the same list update deletes Dulac Capital Ltd and three related alias/representative-office records carrying the Russia-EO14024 designation. These are linked records, not four unrelated businesses. Screening teams should reconcile the deletion and aliases rather than treating every old match as a current designation. SDN deletions
Practical actions and the next documents to watch
The operational recommendations below follow from the new notices; they are not additional agency filing requirements.
- Separate current deposits from historical assessment. Match each shrimp or ribbon shipment’s exporter, producer and consumption-entry date to the applicable notice. Keep review-period liquidation work in a separate queue. Shrimp · Ribbons
- Send review notices to the responsible supplier or counsel. Confirm the exact listed entity and review period; calendar any separate-rate filing and correct records that wrongly identify Salem Steel as under review. Initiation and corrections
- Refresh payment-chain screening. Check beneficiary and intermediary banks, aliases and ownership against the Golden Global and Cuba additions. Reconcile the Dulac deletions separately. September 4 list · September 3 list
Watch next: Commerce’s assessment instructions for the two completed reviews; the separate-rate filing deadline for the newly initiated reviews; and any OFAC amendment before GL CC’s wind-down authorization expires. None of those future steps should be assumed completed or extended in advance. Shrimp assessment · Ribbon assessment · Review deadlines · GL CC deadline
Frequently asked questions
Why does a review of older imports change today’s deposit?
An administrative review determines duty treatment for its historical period and can also reset the deposit collected on later imports. The deposit is an advance payment, while liquidation settles the reviewed entries. The two notices expressly give these tasks separate instructions. Shrimp requirements · Ribbon requirements
Can an Indian supplier outside Appendix II automatically use 5.53%?
No. That review-specific rate belongs to the listed non-examined companies. An unlisted supplier needs the notice’s exporter/producer hierarchy applied to its own history; absence from the examined group alone does not establish eligibility. Appendix II and deposit hierarchy
Does GL CC allow an ordinary new payment through Golden Global?
No general authorization for new business is provided. The transaction must qualify as necessary wind-down, satisfy the blocked-account condition where a blocked person receives payment, and avoid other prohibited dealings outside the license. GL CC, paragraphs (a) and (b)
Can a private Cuba shipment rely on the diplomatic license?
Not merely because a payment involves Cuba or a newly listed company. GL 4A covers specified third-country mission activities and associated personal expenditures. An ordinary commercial shipment needs its own applicable authorization; GL 4A also does not release blocked property. GL 4A scope
Sources and publication dates
- Commerce: India frozen warmwater shrimp final review, 91 FR 56861 — September 4, 2026; signed September 1.
- Commerce: Taiwan narrow woven ribbons final review, 91 FR 56857 — September 4, 2026; signed September 1.
- Commerce: AD/CVD administrative-review initiations and corrections, 91 FR 56836 — September 4, 2026; signed September 1.
- OFAC: Iran-related designations and General License CC — September 4, 2026.
- OFAC: Cuba designations and SDN deletions and General License 4A — September 3, 2026.
- OFAC: superseded General License 4 — July 23, 2026; used only to identify the September 3 amendment.