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Code · STATUTE-COMPILATIONS · Trade Preferences Extension Act of 2015 · Sec. 505

Sec. 505. DISTORTION OF PRICES OR COSTS

316 words·~1 min read·/statute-compilations/comps-11645/sec-505

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## SEC. 505 DISTORTION OF PRICES OR COSTS ###
(a)Investigation of Below-Cost Sales Section 773(b)(2) of the Tariff Act of 1930 (19 U.S.C. 1677b(b)(2)) is amended by striking subparagraph
(A)and inserting the following: > > ##### “(A) Reasonable grounds to believe or suspect > > > ###### “(i) Review > > In a review conducted under section 751 involving a specific exporter, there are reasonable grounds to believe or suspect that sales of the foreign like product have been made at prices that are less than the cost of production of the product if the administering authority disregarded some or all of the exporter’s sales pursuant to paragraph
(1)in the investigation or, if a review has been completed, in the most recently completed review. > > > ###### “(ii) Requests for information > > In an investigation initiated under section 732 or a review conducted under section 751, the administering authority shall request information necessary to calculate the constructed value and cost of production under subsections
(e)and
(f)to determine whether there are reasonable grounds to believe or suspect that sales of the foreign like product have been made at prices that represent less than the cost of production of the product.” > . ###
(b)Prices and Costs in Nonmarket Economies Section 773(c) of the Tariff Act of 1930 (19 U.S.C. 1677b(c)) is amended by adding at the end the following: > > #### “(5) Discretion to disregard certain price or cost values > > In valuing the factors of production under paragraph
(1)for the subject merchandise, the administering authority may disregard price or cost values without further investigation if the administering authority has determined that broadly available export subsidies existed or particular instances of subsidization occurred with respect to those price or cost values or if those price or cost values were subject to an antidumping order.” > .
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Sec. 505
DISTORTION OF PRICES OR COSTS
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