CBP said in a Federal Register notice scheduled for Sept. 29 publication that the quarterly Internal Revenue Service interest rates used to calculate interest on overdue accounts (underpayments) and refunds (overpayments) of customs duties will remain the same in the calendar quarter that begins Oct. 1 as in the current quarter, which ends Sept. 30. The interest rates for underpayments will be 7% for both corporations and non-corporations, according to CBP. The interest rate for overpayments will be 7% for non-corporations and 6% for corporations.
Taiwanese bicycle manufacturer Giant Manufacturing is "firmly committed" to human rights and labor protection, the company said Sept. 25 after being targeted by a withhold release order from CBP (see 2509240006).
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Sept. 24, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
CBP has released its Sept. 24 Customs Bulletin (Vol. 59, No. 39), which includes the following ruling action:
Recent entry filers that want to take advantage of new, retroactive tariff exemptions for some products from the EU (see 2509240038) should correct their entries "as soon as possible" and no later than 10 days of the cargo's "release from CBP custody and prior to estimated duties being deposited to avoid needing refunds," CBP said in a CSMS message on the EU tariff changes.
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Sept. 23, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.
The ACE certification environment has a new functionality that increases the maximum number of entry summaries on a statement from 2,000 to 9,999, CBP said in a recent cargo systems message.
CBP issued the following releases on commercial trade and related matters:
A listing of recent Commerce Department antidumping and countervailing duty messages posted on CBP's website Sept. 22, along with the case number(s) and CBP message number, is provided below. The messages are available by searching for the listed CBP message number at CBP's ADCVD Search page.