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Automated Commercial Environment (ACE)

The Automated Commercial Environment (ACE) is the CBP's electronic system through which the international trade community reports imports and exports and the government determines admissibility.

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Need for Cash Driving Increased Corporate Interest in Drawback
August 24, 2020 by Tim Warren|Top News

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.

Topics:Drawback, USMCA
CBP Announces Filing Procedures for Recently Granted 4th Tranche Section 301 Exclusions
August 14, 2020 by Tim Warren|Customs

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.

Topics:Customs duty