CBP published approximately 4,000 prospective rulings and revoked or modified more than 80 others in 2016 addressing topics such as valuation, drawback, liquidation and more. The 2016 CBP Rulings and Revocations Summary provides a list of rulings and legal decisions to help you make decisions based on how your goods will be treated upon importation.
International Trade Today’s 2016 CBP Rulings and Revocations Summary details notable rulings in the areas of:
- Related party transactions
- The first sale rule
- Whether certain banking transactions are “customs business”
- New requirements for U.S. goods returned duty-free
In addition, Part Two provides a listing of rulings revoked or modified in 2016. Order your complimentary copy of International Trade Today’s 2016 CBP Rulings and Revocations Summary today to ensure you remain in compliance.