The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
Harmonized Tariff Schedule
The Harmonized Tariff Schedule (HTS) is a reference manual that provides duty rates for almost every item that exists. It is a system of classifying and taxing all goods imported into the United States. The HTS is based on the international Harmonized System, which is a global standard for naming and describing trade products, and consists of a hierarchical structure that assigns a specific code and rate to each type of merchandise for duty, quota, and statistical purposes. The HTS was made effective on January 1, 1989, replacing the former Tariff Schedules of the United States. It is maintained by the U.S. International Trade Commission, but the Customs and Border Protection of the Department of Homeland Security is responsible for interpreting and enforcing the HTS.
U.S. Customs and Border Protection (CBP) has posted to its Web site Amendment 9, dated July 2006, to the Customs and Trade Automated Interface Requirements (CATAIR) document.
U.S. Customs and Border Protection (CBP) has issued a revised version of its informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Apparel Terminology under the HTSUS.
U.S. Customs and Border Protection (CBP) has issued a notice announcing that the Customs Electronic Bulletin Board (CEBB) has been retired and all valid materials have been migrated to updated systems, including cbp.gov. CBP's notice notes certain new locations for various information, as the CEBB page itself will be retired on September 30, 2006. (CBP notice, undated, available at http://www.cbp.gov/xp/cgov/import/communications_to_trade/cebb_linklist.xml)
U.S. Customs and Border Protection (CBP) has issued a revised version of its informed compliance publication (ICP) entitled, What Every Member of the Trade Community Should Know About: Fibers and Yarns: Construction and Classification under the HTSUS.
The Senate Finance Committee has issued a press release requesting comments by August 14, 2006 on hundreds of miscellaneous duty suspension and technical corrections bills.
On June 30, 2006, President Bush issued Proclamation 8034 to amend the Harmonized Tariff Schedule (HTS), etc., to implement the U.S.-Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) for Guatemala.
The International Trade Commission (ITC) has posted to its Web site an updated version of the 2006 Harmonized Tariff Schedule of the U.S. (HTS) dated July 1, 2006 (Supplement 1).
The International Trade Commission (ITC) has issued a final report to the President in connection with its investigation of proposed modifications to the Harmonized Tariff Schedule (HTS) that are expected to take effect on January 1, 2007.
On June 30, 2006, President Bush issued Proclamation 8034 to amend the Harmonized Tariff Schedule (HTS), etc., to implement the U.S.-Dominican Republic-Central America Free Trade Agreement (DR-CAFTA) for Guatemala.