CBP Seeks Comments on FTZ Petroleum Refinery Info Collection
CBP is requesting comments by Dec. 18 on an existing information collection for petroleum refineries in foreign-trade subzones. CBP proposes (here) to extend the expiration date of this information collection without a change to the burden hours or information collected.
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Petroleum Refineries in Foreign-Trade Subzones
The Foreign Trade Zones Act, 19 U.S.C. 81c(d), contains specific provisions for petroleum refinery sub-zones. It permits refiners and CBP to assess the relative value of such products at the end of the manufacturing period during which these products were produced when the actual quantities of these products resulting from the refining process can be measured with certainty. 19 CFR 146.4(d) provides that the operator of the refinery sub-zone is required to retain all records relating to the above mentioned activities for five years after the merchandise is removed from the sub-zone. Further, the records shall be readily available for CBP review at the sub-zone.
CBP Estimates
CBP estimated 81 total annual responses, estimated to create about 81,000 total annual burden hours.
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 10/19/15)