19 U.S.C. § 1677g — Interest on certain overpayments and underpayments

submitted 96 years ago by Pub. L. 96-39 to r/title-19-CUSTOMS-DUTIES · 90 words · no verdicts yet

in plain englishAI-generated · not legal advice

This section requires interest on certain overpayments and underpayments connected with countervailing or antidumping duties. The rate comes from section 6621 of title 26.

(a) Interest must be paid on overpayments and underpayments of amounts deposited for goods entered or withdrawn from a warehouse for consumption on or after (1) publication of a countervailing- or antidumping-duty order under this subtitle or section 1303, or (2) a finding under the Antidumping Act of 1921. (b) The interest rate for each period is the rate established under section 6621 of title 26 for that period.

the actual law source: uscode.house.gov ↗public domain

(a) General rule

Interest shall be payable on overpayments and underpayments of amounts deposited on merchandise entered, or withdrawn from warehouse, for consumption on and after—

(1)

the date of publication of a countervailing or antidumping duty order under this subtitle or section 1303 1 of this title, or

(2)

the date of a finding under the Antidumping Act, 1921.

(b) Rate

The rate of interest payable under subsection (a) for any period of time is the rate of interest established under section 6621 of title 26 for such period.

Source credit: (June 17, 1930, ch. 497, title VII, § 778, as added Pub. L. 96–39, title I, § 101, July 26, 1979, 93 Stat. 188; amended Pub. L. 98–573, title VI, § 621, Oct. 30, 1984, 98 Stat. 3039; Pub. L. 99–514, § 2, Oct. 22, 1986, 100 Stat. 2095.)

history & why it existsrecord from the source credit

1930Enacted · Pub. L. 96-39 · 93 Stat. 188
1984Amended · Pub. L. 98-573 · 98 Stat. 3039
1986Amended · Pub. L. 99-514 · 100 Stat. 2095

A history note hasn’t been published yet. The record shows enactment by Pub. L. 96-39 on 1930-06-17.

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