CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
CBP doesn't expect the Treasury Department to approve proposed regulations for coming changes to drawback procedures before the Feb. 24 effective date, a CBP spokesman said by email. The changes are the result of the Trade Facilitation and Trade Enforcement Act, which allowed for two years of preparation before the drawback overhaul became effective. "CBP will, however, accept TFTEA drawback claims in" ACE, "with processing to occur once the regulations are finalized," the spokesman said. CBP has said it will only allow accelerated payment for TFTEA drawback claims after it issues its final rule (see 1801260036).
CBP doesn't expect the Treasury Department to approve proposed regulations for coming changes to drawback procedures before the Feb. 24 effective date, a CBP spokesman said by email. The changes are the result of the Trade Facilitation and Trade Enforcement Act, which allowed for two years of preparation before the drawback overhaul became effective. "CBP will, however, accept TFTEA drawback claims in" ACE, "with processing to occur once the regulations are finalized," the spokesman said.
CBP issued the following releases on commercial trade and related matters:
Requests for extensions or closures of Temporary Importation Bonds will be deployed in ACE on Feb. 24, a CBP official said on the agency’s biweekly ACE call with the trade community on Feb. 1. While output records will mostly be affected, CBP will also be putting in a new input record to request the extension or closure, the official said. CBP will set up a daily support call following the deployment, which also includes reconciliation, drawback and liquidation. The call will be available Feb. 26 through March 2 from 2p.m. to 3 p.m., with the call-in number still unannounced. Meanwhile, CBP also is implementing recently imposed safeguard duties on residential washers and solar cells in ACE, effective Feb. 7 (see 1801230052 and 1801240036). New tariff schedule subheadings will be added in Chapter 99, as will a secondary unit of quantity for kilowatt hours in Chapter 85 so CBP can track the quota amount for solar cells and force filers to the high-quota rate once it’s filled.
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 posted on Jan. 26 an updated draft of the Customs and Trade Automated Interface Requirements (CATAIR) guidelines for drawback procedures under the Trade Facilitation and Trade Enforcement Act. The draft CATAIR is meant “to facilitate preparations for programming in advance of the forthcoming rulemaking,” CBP said. “The reader should be advised that this technical document is considered a DRAFT and is subject to revision before a final version is provided. Any decisions a reader makes based on this draft document are taken voluntarily and with the understanding that the draft may be revised,” it said.