Clarification on Provisions of New Foreign Trade Regulations Now Being Enforced
U.S. Customs and Border Protection began enforcing Oct. 3 compliance with the Census Bureau’s revised Foreign Trade Regulations. Those regulations were issued in March 2013, and two developments since then have resulted in changes to the regulatory provisions highlighted in a Sept. 29 article in the Sandler, Travis & Rosenberg Trade Report.
First, Census issued an interim final rule effective Sept. 12 that reinstates the export filing exemptions for temporary exports, which includes carnets, and goods previously imported under a temporary import bond and exported in the same condition. This supersedes a provision in the March 2013 rule that removed these exemptions.
Second, Census’ FTR letter no. 6 clarifies that a split export shipment must leave within seven days of the original if transported by air, truck or rail or 24 hours if transported by vessel. The March 2013 FTR revisions indicated that split shipments had to depart within 24 hours regardless of the mode of transportation.