CBP to Amend Liquidation Regulations in Advance of Oct. 1 ACE Deployment
CBP will soon publish an interim final rule amending its regulations to provide for changes coming to liquidation processes when liquidation is deployed to ACE on Oct. 1, a CBP import specialist said during a webinar Aug. 17. Beginning Oct. 1, CBP will start processing liquidations weekly every Friday, and posting notices of the liquidations electronically to a searchable database on the CBP website. The electronic bulletin notices will replace manual postings at the customs house as legal notice for importers, the import specialist said.
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The electronic bulletin will also show deemed liquidations, reliquidations, and extensions and suspensions of liquidation, the CBP import specialist said. Filers in the Automated Broker Interface will continue to receive liquidation notices electronically through the ABI, she said. Non-ABI filers will only be able to check liquidation status through the new electronic bulletin, which will be searchable by status, importer of record, filer and date of liquidation, among other things. Entries in the legacy Automated Commercial System that have not liquidated as of the deployment of liquidation in ACE on Oct. 1 will be liquidated in ACE, with the notice of liquidation appearing in the new electronic bulletin notice, she said.
Entry summaries will still show a scheduled liquidation date, but summaries with scheduled liquidation dates will not show “liquidated” status before they are actually liquidated, the import specialist said. The scheduled liquidation date will be set once CBP determines the entry does not require manual review and the entry is sent into the liquidation cycle, she said. At that point importers may file post-summary corrections, now up until 14 days before the scheduled liquidation date, another CBP official said, rather than 20 days.