ITC Posts April 16, 2008 Version of HTS
The International Trade Commission has posted to its Web site Revision 2 (dated April 16, 2008) of the 2008 Harmonized Tariff Schedule.
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Revision 2 Reflects Presidential Proclamation 8228, Etc.
According to ITC sources and the Preface for the April 16, 2008 HTS, Revision 2 largely reflects Presidential Proclamation 8228, which retroactively amended certain tariff numbers and HTS rules of origin.
It also contains technical corrections to the 2008 HTS.
HTS Amended to Restore Lower Rates, Correct SFTA, UCFTA Rules, Etc.
Proclamation 8228 amended the HTS to restore certain duty rates for bamboo flooring and broadcast receivers adversely affected by the World Customs Organization-recommended changes to the HTS that were implemented on February 3, 2007.
Proclamation 8228 also corrected certain HTS rules of origin for the U.S.-Singapore Free Trade Agreement and the U.S. Chile FTA that were modified to reflect the WCO-recommended changes, and modified several parts of the HTS that were not consistent with the HS Convention or caused an unnecessary administrative burden.
Refunds Should be Obtained by Filing a Protest
Sources at U.S. Customs and Border Protection have previously stated that the preferred method of obtaining refunds of any overpaid duties is to wait for the entry to liquidate and then file a timely protest.
GPO-Printed 2008 HTS Not Expected to Be Updated for Revision 2
ITC sources have confirmed that the paper (printed) version of the 2008 HTS is not expected to be updated by the Government Printing Office until July 1, 2008, at the earliest (tariff changes for products that benefit from the Generalized System of Preferences (GSP) program usually take effect on July 1st).
(See ITT's Online Archives or 04/09/08 and 04/14/08 news, 08040910 and 08041405, for BP summaries of Proclamation 8228.
See ITT's Online Archives or 04/02/08 news, 08040200, for BP summary of the ITC's posting of Revision 1 of the 2008 HTS (dated April 1, 2008).)
April 16, 2008 (Revision 2) HTS available at http://www.usitc.gov/tata/hts/
Change record for April 16, 2008 (Revision 2) HTS available at http://hotdocs.usitc.gov/docs/tata/hts/bychapter/0802chgs.pdf (Note: Effective dates in the change record may be inaccurate.)