The Treasury Department published its fall 2018 regulatory agenda for CBP. The agenda includes one new rulemaking involving the Craft Beverage Modernization Act. The agency will try to issue an interim final rule by December this year that "eliminates a restriction pertaining to CBP’s authority to refund excessive duties, taxes, fees, or interest imposed on distilled spirits, wine, and beer," it said.
PALM SPRINGS, Calif. -- A recent change to ACE processing of absolute quota entries marks a “big improvement,” especially for West Coast importers, said Pauline Hogue, program manager-trade at CBP’s Los Angeles Field Office, at the Western Cargo Conference on Oct. 19. A switch from daily batch processing to hourly processing (see 1809180015) means quota entries are processed throughout the day, and any cargo that arrived after 4:30 p.m. Pacific time will no longer have to sit until the next batch is processed the following evening Eastern time. Now such shipments will be processed at 9:45 a.m. Pacific time the following morning. The change came as part of the deployment in ACE of absolute quota functionality, which hadn’t been initially included because absolute quotas hadn’t existed for almost a decade until they were imposed as part of country-specific deals to end Section 232 tariffs on steel and aluminum.
PALM SPRINGS, Calif. -- CBP’s revised Form 5106 importer ID requirements are currently getting “final approvals” from the Office of Management and Budget and should be coming “sooner rather than later,” said John Leonard, executive director for CBP Trade Policy and Programs, on Oct. 19. The majority of brokers don’t have to be too worried about the changes, seeing that most compliant brokers are already meeting the revised requirements anyway, Leonard said, speaking at the Western Cargo Conference.
CBP issued the following releases on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters:
The Miscellaneous Tariff Bill Act took effect on Oct. 13 (see 1809140004) and CBP programmed all Harmonized Tariff Schedule numbers in ACE in preparation, the agency said in an Oct. 12 CSMS message. The MTB provisions are in subchapter II to Chapter 99, the agency said. The MTB reduces tariffs on nearly 1,700 items. "Since approximately half of the 1,660 MTB-eligible items are produced in China, there is overlap with Section 301 tariffs," CBP said. "Products of China subject to Section 301 tariffs can benefit from MTB’s suspensions and reductions for the general (column 1) rate of duty, but remain subject to the 25 percent ad valorem rate of duty imposed by headings 9903.88.01 and 9903.88.02 or 10 percent ad valorem rate of duty imposed by headings 9903.88.03 and 9903.88.04."
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 release on commercial trade and related matters:
CBP issued the following releases on commercial trade and related matters: