CBP Seeks Comments on FTZ Reconciliation Info Collection
CBP is requesting comments by March 4 for an existing information collection on foreign trade zone (FTZ) reconciliation certification. CBP proposes to extend the expiration date of this information collection with a change to the burden hours.
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FTZ Reconciliation
Operators of FTZs are required to account for zone merchandise admitted, stored, manipulated and removed from FTZs. FTZ operators must prepare a reconciliation report within 90 days after the end of the zone year for a spot check or audit by CBP. In addition, within 10 working days after the annual reconciliation, FTZ operators must submit to the CBP port director a letter signed by the operator certifying that the annual reconciliation has been prepared, is available for CBP review and is accurate.
Certification Letter
CBP estimates there will be 260 respondents per year. The estimated time per respondent is 20 minutes and the total annual hours are estimated to be 85.8.
Record Keeping Requirements
CBP estimates there will be 260 respondents per year. The estimated time per respondent is 45 minutes and the total annual hours are estimated to be 195.
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 costs burden to respondents or record keepers from the collection of information (a total of capital/startup costs and operations and maintenance costs).
CBP Contact -- Tracey Denning (202) 325-0265
(Federal Register 01/03/14)