US Commerce sets preliminary 3.98% countervailing duty rate on SRF's PET film from India
The US Commerce Department has preliminarily set a 3.98% countervailing duty rate for SRF Limited, an Indian producer and exporter of PET film, sheet and strip, in its administrative review covering calendar year 2024. Commerce rescinded the review for nine other Indian companies, including Chiripal Poly Films and Cosmo First, and interested parties can comment before final results are published.
Why this mattersFinal countervailing rates will set the landed cost of Indian PET film for US converters and SRF's position against other suppliers in the US market.
- Commerce set a preliminary subsidy rate of 3.98% for SRF Limited.
- The review period runs from 1 January to 31 December 2024.
- The review was rescinded for nine other companies, including Chiripal Poly Films and Cosmo First.
- The preliminary results were published on 14 October 2026 under case C-533-825.
- Interested parties may comment before final results are issued.