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CBP Guidance on Tax Relief for Imported Alcoholic Beverages

Friday, February 02, 2018
Sandler, Travis & Rosenberg Trade Report

U.S. Customs and Border Protection has issued an administrative message stating that under the Craft Beverage Modernization and Tax Reform Act of 2017 appropriate procedures must be established for importers to receive a lower effective excise tax rate on qualifying imports of beer, wine, and distilled spirits. Until such procedures are established and guidance is issued by CBP and the Alcohol and Tobacco Tax and Trade Bureau, importers seeking to qualify for this relief, based on qualifying assignments made by a foreign producer, should continue to pay the full excise tax rates. CBP states that importers will have the opportunity to seek the applicable relief on entries made after the law went into effect once procedures and guidance have been issued.

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