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Automated Commercial Environment (ACE)

The Automated Commercial Environment (ACE) is the CBP's electronic system through which the international trade community reports imports and exports and the government determines admissibility.

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Multi-word term: Place inside quotes to ensure an exact match together (e.g. "China import").

Term list: Separate terms with spaces, not commas or semicolons to find either word (e.g. AD/CVD antidumping).

Acronyms: Use all capital letters (e.g., ACE).

Required term: If a term must be included in any resulting articles, prefix it with a plus sign (e.g., CBP +releases).

Excluded term: If a term should be excluded from any articles being found, prefix it with a minus sign (e.g., -ruling).

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CBP OKs Post-Importation Formula for Transaction Value of Precious Metal Bars
May 13, 2024 by Noah Garfinkel|Top News

The final price EMA Professional Services Corp. pays to its suppliers for precious metal bars after importation is determined according to "an acceptable formula" and meets the "'price actually paid or payable'" standard for purposes of the transaction value method, CBP said. EMA may report any price adjustments through the ACE Reconciliation Program, the agency said in an April 19 customs ruling.

Topics:Automated Commercial Environment (ACE)