CBP Clarifies Timing Requirements for Duty Deferrals
CBP clarified its timing requirements for customs duty deferrals (see 2004200024) in April during an April 20 conference call with industry, the National Customs Brokers & Forwarders Association of America said in an emailed update. The April 20 filing deadline…
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“is only relevant to the statements that are being processed for payments” on April 21, CBP said, according to the NCBFAA. “For April 30, you have until April 29, at 11:59 P.M., to effect changes on that statement.” Meanwhile, CBP also posted a list of frequently asked questions. Among other things, CBP said drawback claims against estimated duties that are being deferred shouldn't be filed. “CBP is advising that filers delaying duty payment during the 90 day postponement period due to financial hardships, should not file drawback claims until payments have been properly made on the import entry(s),” it said.