CBP will “deploy the modernized e214 Online Admission Process” for Foreign-Trade Zones on Sept. 26, the agency said in an Aug. 26 notice. The update eliminates or replaces “older, inefficient processes and reduces the effort needed for filers to remedy FTZ inventory or reporting discrepancies.” Among the changes are an increase in the number of digits used in ACE Zone IDs, from seven digits up to nine, CBP said. “While the expanded Zone ID functionality will deploy on September 26, 2020, nine-digit Zone IDs have not yet been allocated and should not be transmitted to CBP until 120 days after publication of updated regulations in the Federal Register,” the agency said. Also, the update will allow Electronic Data Interchange filers to cancel a permit to transfer and to request the ability to fix reporting discrepancies after admission, CBP said.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
More companies are seeking drawback payments as the economic slowdown has increased the importance of cash on hand, CBP officials and industry executives said during the American Association of Exporters and Importers virtual conference Aug. 20. “In general, I would say COVID's had a major impact on our businesses and it's also made our company even more focused on getting cash in the door,” said Kathleen Palma, senior executive for international trade compliance at GE. “One of the levers that our leadership has been looking at has been drawback.” At the same time, Palma expects that because the company is bringing in fewer shipments, that will be reflected in fewer drawback claims going forward.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP will add the ability in ACE for importers to file entries with recently excluded goods in the fourth tranche of Section 301 tariffs on Aug. 20, it said in a CSMS message. The official Office of the U.S. Trade Representative notice for the exclusions was published Aug. 11 (see 2008060008). The exclusions are in subheading 9903.88.55. The exclusions are available for any product that meets the description in the Annex to USTR’s notice, regardless of whether the importer filed an exclusion request. The product exclusions apply retroactively to Sept. 1, 2019, the date the tariffs on the fourth list took effect, and remain in effect until Sept. 1, 2020. The CSMS message also includes a summary of Section 301 duties that shows information on each tranche of tariffs and granted product exclusions.