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:
CBP will not move forward with plans for a wide-ranging reorganization of its ACE customer support office after receiving negative feedback from the trade community, said Steve Zaccaro, chief of the agency’s Client Representative Branch, on a conference call held Oct. 4. The agency will reassign some software vendors, importers and brokers currently assigned to overburdened client representatives, but the “vast majority” will not be affected by the changes, he said.
CBP issued the following release on commercial trade and related matters: