CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
The Food and Drug Administration should harness blockchain, artificial intelligence and other emerging technologies to address food safety issues in quickly evolving supply chains, and customs brokers will play a central role in facilitating adoption and the correct use of these new technologies by smaller and medium-sized operations, the National Customs Brokers & Forwarders Association of America said in comments recently submitted to FDA.
CBP issued the following releases on commercial trade and related matters:
CBP added on Nov. 13 the ability in ACE for importers to file entries with recently excluded goods in the third tranche of Section 301 tariffs, it said in a CSMS message. Filers of imported products that were granted an exclusion (see 1911080003) should report the regular Chapters 39, 42, 44, 48, 50, 54, 60, 73, 82, 83, 84, 85, 87, 90 and 94 Harmonized Tariff Schedule number, as well as subheading 9903.88.34, CBP said in the message. “Importers shall not submit the corresponding Chapter 99 HTS number for the Section 301 duties when” subheading 9903.88.34 is submitted, CBP said.
The Treasury Department published its fall 2019 regulatory agenda for CBP. The agenda includes a new rulemaking that would amend CBP's regulations to get rid of the “onerous and inefficient paper-based bond application and approval processes," it said. The agency will try to issue a proposed rulemaking rule by March next year, it said. "Moving forward, the proposed amendments would implement the successful National Customs Automation Program (NCAP) test for electronic bonds ('eBonds')," it said. "The proposed amendments would require all bonds to be filed by the sureties using an electronic data interchange (EDI) or e-mail."
International Trade Today is providing readers with some of the top stories for Nov. 12-15 in case they were missed.
The next ACE deployment to affect the trade will be risk based bonding under the Trade Facilitation and Trade Enforcement Act, CBP said in an updated deployment schedule. The agency said Release 1B for TFTEA risk based bonding in scheduled for March 2020, while release 2 will be deployed in July. Those additions are meant to reduce the risk of uncollected antidumping or countervailing duties and then “provide CBP users with a single view of all bonds (i.e. bond usage) for a given entry/entry summary number," it said. The first phase of truck manifest deployment (see 1911040023) is planned for March 2020, while deployment of Real Time Automated Surety Interface capabilities is set for June, it said.
An automotive importer may use reconciliation to adjust the value of its entries for quarterly surcharges that account for commodity prices of the metals used in imported auto parts, CBP said in a ruling issued Oct. 22. The surcharges can be included because they are calculated according to a set, non-discretionary formula, and can be linked to specific entries through the importer’s records, CBP said in ruling HQ H302879.
CBP issued the following releases on commercial trade and related matters: