CBP Adopts Final Order on Customs Provisions of U.S.-Colombia Trade Promotion Agreement
CBP adopted as final, with some minor modifications, the regulations that were published in the Sept. 26, 2012, Federal Register to implement the preferential tariff treatment and other customs-related provisions of the U.S.-Colombia Trade Promotion Agreement. No comments had been submitted in response to the 2012 notice, CBP said.
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Among the changes, CBP decided to:
- Amend § 10.3007(a) to clarify that an importer that claims preferential tariff treatment for a good imported must maintain for five years all records and documents "necessary" to demonstrate that the good qualifies for preferential tariff treatment;
- Amend § 10.3011(a) to clarify that a post-importation claim may be filed by paper or by the method specified for equivalent reporting via an authorized electronic data interchange system;
- Amend § 10.3013(b)(1), which incorrectly lists subheading 8704.10 twice;
- Amend § 10.3016(a) to clarify the rules for determining the value of a material for purposes of calculating the regional value content of a good as well as for purposes of applying the de minimis rules, by removing the exception language pertaining to § 10.3024;
- Amend § 10.3016(c)(1)(i) by removing the parenthetical text pertaining to "cost of freight";
- Amend § 10.3027 by redesignating existing paragraph (c) as paragraph (d) and existing paragraph (d) as paragraph (c) to better reflect the order of the actions CBP will take;
- Amend § 10.3034(a) by adding a clarifying sentence saying the term "repairs or alterations" does not include an operation or process that transforms an unfinished good into a finished good.
Further information: Jacqueline Sprungle, 202-863-6517, or Katrina Chang, 202-863-6532.