CBP Provides Instructions for Refunds Related to Recent Alcohol Excise Tax Cuts
CBP planned to deploy flags in ACE on Sept. 1 to identify imported alcohol in instances in which the importer received a foreign producer allocation or assignment and may be eligible for refunds under the Craft Beverage Modernization Act, CBP…
Sign up for a free preview to unlock the rest of this article
Communications Daily is required reading for senior executives at top telecom corporations, law firms, lobbying organizations, associations and government agencies (including the FCC). Join them today!
said in a CSMS message. "CBP will issue additional guidance on information to be filed substantiating CBMA claims," the agency said. "Upon issuance of this additional guidance, importers will be encouraged to file the claim information simultaneously with the transmission of the entry summary flag. CBP strongly encourages the use of the CBMA entry summary line flag over the use of protests for identifying merchandise for which a CBMA allocation has been received from the foreign producer/assigning entity. Protests should only be used for CBMA claims if entries for which a CBMA allocation has been received have liquidated." CBP recently published a final rule that authorized CBMA refunds (see 1808150030).