The World Customs Organization (WCO) posted the following notices from May 20, 2012:
U.S. Customs and Border Protection is announcing a 30-day extension of the comment period to June 11, 2012, on its request for comments on an existing information collection, Customs Modernization Act Record Keeping Requirements. CBP proposes to extend the expiration date of this information collection with a change to the burden hours. The notice ran in the Federal Register May 11, 2012.
The World Customs Organization has recently posted the following documents:
U.S. Customs and Border Protection is requesting comments by May 7, 2012 on an existing information collection on Customs Modernization Act Recordkeeping Requirements. CBP proposes to extend the expiration date of this information collection with a change to the burden hours as a result of a revised estimate of the number of respondents currently complying with these recordkeeping provisions.
The World Customs Organization will hold the third session of its Capacity Building Committee (CBC) on February 27-29, 2012 with the theme of "Agile and responsive Customs in the 21st Century Through Reform and Modernization." This meeting will provide opportunities for the exchange of information and experience in customs modernization for future capacity building activities. The draft CBC draft agenda is available here. The CBC session will be followed by the 11th session of the Integrity Sub-Committee (ISC) on March 1-2, 2012, which will include discussions on information trade practices and integrity, pilot projects, etc. CBC draft agenda is available here.
U.S. Customs and Border Protection for the Miami International Airport has issued an Information Bulletin announcing that a CBP trade seminar will be presented on February 2, 2012 at the cargo Clearance Center in Miami, Florida. The Seminar will address consignment entries and invoice requirements, basis of appraisement/valuation, and reconciliation. According to the Bulletin, one of the most significant effects of the Customs Modernization Act is the establishment of the clear requirement that parties exercise reasonable due care in importing into the U.S. Section 484 of the Tariff Act, as amended, requires an importer of record using reasonable care to make entry by filing such information as is necessary to enable CBP to properly assess duties, collect accurate statistics, and determine whether any other applicable requirement of law is met. Information Bulletin Number 12-020 is available via email by sending a request to documents@brokerpower.com.
The European Union issued the following trade-related releases on December 3 -7, 2011 (notices of most significance will be given separate headlines):
U.S. Customs and Border Protection has issued a notice announcing its plan to conduct a National Customs Automation Program (NCAP)1 test on ACE simplified entry capability. The test will reduce the information participants must file with CBP prior to arrival in the U.S. to 12 required, and three optional data elements. The initial phase of the test will only be for the air transportation mode and is available for nine accounts. Parties interested in participating in the test should contact CBP by November 17, 2011.
U.S. Customs and Border Protection has issued a proposed rule to increase the informal entry limit from $2,000 to $2,500. CBP also proposes to remove the language requiring formal entry for certain articles, because with the elimination of absolute quotas under the Agreement on Textiles and Clothing, CBP no longer needs to require formal entries for these articles. The proposed rule would also make what CBP describes as nonsubstantive, editorial and nomenclature changes.
The European Union issued the following trade-related releases on October 12 - 13, 2011 (notices of most significance will be given separate headlines):