CBP Seeks Comments on CBP Form 7501 Info Collection
U.S. Customs and Border Protection is requesting comments by January 9, 2012, on an existing information collection concerning the Entry Summary (CBP Form 7501). CBP is proposing to extend the expiration date of this information collection. CBP sources have stated by phone that there is no change to the information being collected, but the burden hours have been adjusted based on revised estimates by CBP.
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CBP Form 7501 Identifies Imported Merchandise, Documents Duty, Tax Paid
CBP Form 7501, the entry summary, is used to identify merchandise entering the commerce of the U.S. and to document the amount of duty and/or tax paid. CBP Form 7501 is submitted by the importer, or the importer’s agent, for each import transaction. The data on this form is used by CBP as a record of the import transaction, to collect the proper duty, taxes, certifications and enforcement information; and to provide data to the U.S. Census Bureau for statistical purposes.
CBP Estimates 28.7 Million Forms Filed Annually
For formal entries, CBP estimates there are 2,450 respondents who will each file an estimated 9,903 responses annually. CBP estimates the time per response to be 20 minutes.
For formal entries with the Softwood Lumber Agreement, CBP estimates there are 210 respondents who will each file an estimated 1,905 responses annually. CBP estimates the time per response to be 40 minutes.
For informal entries, CBP estimates there are 1,572 respondents who will each file an estimated 2,582 responses annually. CBP estimates the time per response to be 15 minutes.
Comments Requested on Ways to Minimize Burden, Etc.
CBP is asking for comments from the general public and other Federal agencies on (a) whether the collection of information is necessary for the proper performance of the functions of the agency, including whether the information shall have practical utility; (b) the accuracy of the agency’s estimates of the burden of the collection of information; (c) ways to enhance the quality, utility, and clarity of the information to be collected; (d) ways to minimize the burden including the use of automated collection techniques or the use of other forms of information technology; and (e) the annual cost burden to respondents or record keepers from the collection of information (total capital/startup costs and operations and maintenance costs).
CBP Contact -- Tracey Denning (202) 325-0265