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CBP Reviewing Info Collections on Duty-Free Entry, FTAs, Vessel Clearance

Wednesday, March 11, 2015
Sandler, Travis & Rosenberg Trade Report

U.S. Customs and Border Protection is inviting comments through May 11 on the proposed extension of the following information collections.

CBP Form 7523, Entry and Manifest of Merchandise Free of Duty, Carrier’s Certificate and Release: This form is used by carriers and importers as a manifest for the entry of merchandise free of duty under certain conditions. It is also used by carriers to show that articles being imported are to be released to the importer or consignee and as an inward foreign manifest for vehicles of less than five tons arriving from Canada or Mexico with merchandise conditionally free of duty.

Free Trade Agreements: FTAs involve the collection of data elements such as information about the importer and exporter of the goods, a description of the goods, tariff classification number and the preference criterion in the rules of origin. CBP is revising its estimate of the time necessary to prepare and submit information related to FTAs from 12 minutes per response to two hours. CBP has also added CAFTA-DR to this information collection.

CBP Form 1300, Vessel Entrance or Clearance Statement: This form is used to collect essential commercial vessel data at the time of formal entrance and clearance in U.S. ports. It allows the master to attest to the truthfulness of all CBP forms associated with the manifest package and collects information about the vessel, cargo, purpose of entrance, certificate numbers and expiration for various certificates. It also serves as a record of fees and tonnage tax payments in order to prevent overpayments.

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