CBP Seeks Comments on Entry Summary Info Collection
CBP is requesting comments by June 23 for an existing information collection for entry summaries. CBP proposes to extend the expiration date of this information collection with no change to the burden hours.
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CBP Form 7501
CBP Form 7501, 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 Form 7501 must be filed within 10 working days from the time of entry of merchandise into the U.S.
CBP Estimates 24,262,980 Formal Entries
CBP estimates the number of respondents annually will be 2,450, the number of responses per respondent to be 9,903, with the total annual responses to be 24,262,980. CBP estimates the time per response will be 20 minutes and total annual burden hours to be 8,079,572. CBP estimated 400,050 total formal entries with softwood lumber agreement with 40 minutes per response. The agency estimates 4,059,355 informal entries, taking 15 minutes per response. CBP also estimates 1,200 total responses to Form 7501A -- Document/Payment Transmittal. Each of those responses is estimated to take 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 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 04/22/14)