International Trade Today is a Warren News publication.

CBP Issues Final Rule on Changes to In-Bond Regulations

CBP issued a long awaited final rule to make various changes to the in-bond regulations. "The changes in this rule, including the automation of the in-bond process, will enhance CBP’s ability to regulate and track in-bond merchandise and ensure that in-bond merchandise is properly entered or exported," it said. The final rule includes several changes from the proposal, which CBP issued in 2012.

Sign up for a free preview to unlock the rest of this article

If your job depends on informed compliance, you need International Trade Today. Delivered every business day and available any time online, only International Trade Today helps you stay current on the increasingly complex international trade regulatory environment.

Among other changes, "CBP is eliminating or changing several proposed required data elements on the in-bond application," it said. CBP won't require that the in-bond application filer provide information about which government agency oversees enforcement of the product or identify prohibited or restricted merchandise, it said. Instead, CBP will require the filer to give the six-digit HTS number, it said. "This is necessary to ensure that CBP knows what merchandise is being transported in-bond in light of the above changes to the required information"

CBP also decided not to shorten the arrival reporting requirement to 24 hours of arrival at the port of destination or exportation, it said. The current time limit for reporting will remain two days, it said. CBP will allow for "flexible enforcement" for 90 days after the Nov. 27 effective date, it said.