ACE Post Summary Corrections Expected in Early June
A U.S. Customs and Border Protection official announced at recent meeting that the deployment of Post Summary Correction (PSC) functionality is expected in early June, with a tentative deployment date of June 4, 2011.
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(CBP officials previously stated that PSC functionality would be deployed in spring 2011. PSCs will replace post-entry amendments (PEAs) for all ACE entry summaries.
PSC functionality will allow a filer to make corrections to ACE entry summary data presented to and accepted by CBP. PSCs will be able to be filed up to 270 calendar days from the date of entry, but not less than 21 days prior to liquidation. Trade participants will be able to submit a PSC for an existing ACE consumption (entry type 01) and ACE AD/CVD (entry type 03) entry summary.
The PSC will be a full replacement summary. Changes related to admissibility issues, including other government agency requirements, will not be allowable via PSC.
CBP has stated that the agency will not review every PSC (CBP currently looks at every correction submitted using PEAs). CBP only plans to look at PSC transmissions if there is a “hit” on a CBP rule (edit, validation, or targeting). In addition, an ACE entry summary filer may submit a PSC for an ACE entry summary originally submitted by another ACE entry summary filer if authorized by the same importer of record. The act of filing a PSC will constitute “Customs business” as defined in 19 CFR Part 111.)
(See ITT’s Online Archives or 05/03/11 news, 11050317, for BP summary of CBP discussing PSC functionality at recent trade events.
See ITT’s Online Archives or 05/18/11 news, 11051810, for BP summary of CBP posting revised ACE ABI CATAIR chapters for PSC functionality.)