According to a recent Journal of Commerce "Customs Update" column, the latest revisions of the Uniform Customs and Practice for Documentary Credits" (UPC), called UPC 600, were drafted at a May meeting of the International Chamber of Commerce's (ICC's) Banking Commission. According to the column, the UPC are the rules banks use in examining documentary presentations for compliance.
CBP CROSS Rulings
CBP issues binding advance rulings in connection with the importation of merchandise into the United States. They issue the rulings to give the trade community transparency of how CBP will treat a prospective import or carrier transaction. Common rulings include the tariff classification, country of origin, or free trade agreement applicability of merchandise, among other things. These rulings are available in CBP's Customs Rulings Online Search System (CROSS) database.
U.S. Customs and Border Protection (CBP) has posted the following to its Web site:
On July 28, 2006, the House of Representatives passed H.R. 4, the Pension Protection Act of 2006. On August 3, 2006, the Senate passed, without amendment, the House-passed version of H.R. 4, clearing the bill for the President.
In the August 2, 2006 issue of the U.S. Customs and Border Protection Bulletin (CBPBulletin) (Vol. 40, No. 32), CBP issued notices: (a) proposing to modify a ruling relating to the country of origin marking of printed gift tissue paper, and (b) modifying or revoking three classification rulings on snack mixes. CBP states that it is also revoking, or is proposing to revoke, any treatment it has previously accorded to substantially identical transactions.
U.S. Customs and Border Protection (CBP) has issued a memorandum titled: "U.S.-Bahrain Free Trade Agreement Implementation Instructions," that provides instructions for the filing and acceptance of claims for preferential treatment of goods under the U.S.-Bahrain Free Trade Agreement (BFTA).
The Office of the U.S. Trade Representative (USTR) has issued a notice announcing that on June 6, 2006, India requested World Trade Organization (WTO) consultations concerning certain issues relating to a 2004 amendment to Customs Directive 099 3510-004, which added new guidelines for determining continuous bond requirements for importers of agriculture or aquaculture merchandise subject to antidumping (AD) and countervailing (CV) duty cases, and subsequent clarifications and amendments thereof.
U.S. Customs and Border Protection (CBP) has issued a revised version of its informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Wadding, Gauze, Bandages and Similar Articles (Heading 3005 HTSUS).
U.S. Customs and Border Protection (CBP) has issued a memorandum titled: "U.S.-Bahrain Free Trade Agreement Implementation Instructions," that provides instructions for the filing and acceptance of claims for preferential treatment of goods under the U.S.-Bahrain Free Trade Agreement (BFTA).
The Transportation Security Administration (TSA) has issued an interim rule which, effective August 10, 2006, amends 49 CFR Part 1572 to reflect its determination that commercial vehicle drivers licensed in Canada or Mexico who have been accepted into the Free and Secure Trade (FAST) Commercial Drivers program by U.S. Customs and Border Protection (CBP), can use their FAST card as an acceptable credential to transport placarded amounts of hazardous materials or any quantity of a material listed as a select agent or toxin in 42 CFR Part 73 (hazmats1) within the U.S.
U.S. Customs and Border Protection (CBP) has issued a memorandum titled: "U.S.-Bahrain Free Trade Agreement Implementation Instructions," that provides instructions for the filing and acceptance of claims for preferential treatment of goods under the U.S.-Bahrain Free Trade Agreement (BFTA).