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CBP Corrects Regulation on Timing of Continuous Bond Filing

Tuesday, March 22, 2016
Sandler, Travis & Rosenberg Trade Report

U.S. Customs and Border Protection has corrected a Nov. 13, 2015, final rule amending its regulations to centralize the processing of continuous bonds at its Revenue Division in Indianapolis, Ind. Specifically, CBP is correcting 19 CFR 113.26(a) to state that a continuous bond, and any associated application required by 113.11 or a rider, may be filed up to 60 days prior to the effective date requested. CBP states that due to a drafting error the final rule stated that such filing must be done at least 60 days prior to the effective date requested.

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