Another 30 Days to Comment on FTZ Annual Info Collection
U.S. Customs and Border Protection is announcing an additional 30 day comment period for the proposed extension of its existing Foreign Trade Zone Annual Reconciliation Certification and Record Keeping Requirement information collection, which it plans to submit to the Office of Management and Budget for review and approval.
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Comments on the proposed extension are due by December 8, 2011. This submission is being made with no change to the burden hours or to the information being collected.
Reconciliation Report Submitted to CBP for Spot Check, Audit, Certification
In accordance with 19 CFR 146.25 and 146.4, foreign trade zone (FTZ) operators are required to account for zone merchandise admitted, stored, manipulated and removed from FTZs. FTZ operators must prepare a reconciliation report within 90 days after the end of the zone year for a spot check or audit by CBP. In addition, within 10 working days after the annual reconciliation, FTZ operators must submit to the CBP port director a letter signed by the operator certifying that the annual reconciliation has been prepared, is available for CBP review, and is accurate. These requirements are authorized by Foreign Trade Zones Act, as amended (Title 19 USC 81a).
CBP Estimates 260 Respondents and 45 Minutes per Response
CBP estimates the number of respondents will be 260 and the time per response to be 45 minutes.
Comments Requested on Ways to Minimize Burden, Etc.
CBP is asking for comments from the general public and other Federal agencies on the following four points: (i) whether the proposed collection of information is necessary for the proper performance of the functions of the agency/component, including whether the information will have practical utility; (ii) the accuracy of the agencies/components estimate of the burden of the proposed collection of information, including the validity of the methodology and assumptions used; (iii) the quality, utility, and clarity of the information to be collected; and (iv) the burden of the collections of information on those who are to respond, including the use of appropriate automated, electronic, mechanical, or other technological techniques or other forms of information.
(See ITT's Online Archives 11090206 for summary of CBP seeking comments on this information collection by November 1, 2011.)
CBP Contact -- Tracey Denning (202) 325-0265