CBP issued an internal guidance Nov. 7 on verifying bond amounts for Temporary Importation Under Bond (TIB) entries and requesting additional security under a Single Transaction Bond (STB) when a continuous bond is on file but is not sufficient to cover TIB requirements, the agency said in a Nov. 14 CSMS message.
As the agency prepares to roll out its National Broker Permit on Dec. 19, CBP has asked importers, brokers and software developers not to initiate updates to their systems until after the rollout date. During a biweekly ACE call on Nov. 10, Steve Zaccaro of the Trade Transformation Office's Services Division told listeners that even though the initiative is "thoroughly tested" and ready to go, CBP would be grateful if participants did not make any changes to their own systems leading up to the opening of the new program. That way, Zaccaro said, any technical issues that arise will be known to be on CBP's end and that should significantly speed the fixing of inevitable technical issues. Anyone using the system would be wise to run as many "unique scenarios" through their own systems before Dec. 19 to iron out as much as possible, Zaccaro said.
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 issued the following releases on commercial trade and related matters:
CBP in recent days posted draft ACE requirements and a trade information notice on its upcoming requirement for the Chinese postal code. As discussed in a recent ACE call (see 2210270064), the new data element will be required when China is selected as a manufacturer’s country of origin for an entry, or when China is the manufacturer’s country of origin on a new or updated manufacturer ID, CBP said in the trade information notice released Nov. 2.
CBP issued the following releases on commercial trade and related matters:
CBP is no longer requiring payment of the dairy fee or merchandise processing fee (MPF) on entries of infant formula subject to duty-free treatment under the Formula Act (see 2207250027), it said in a CSMS message. The agency deployed a change in ACE on Oct. 27 to no longer require the fees through the end of this year, as provided for under the law, which was enacted in July (see 2207220069). Importers and brokers who have submitted entries eligible for the Formula Act may request a refund, by way of a post-summary correction for refunds of MPF and by a letter to USDA for refunds of the dairy fee, CBP said.
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