U.S. Customs and Border Protection is accepting comments through July 17 on the proposed extension without change of information collections concerning foreign-trade zone admission and activity.
FTZs are geographical enclaves located within the U.S. but considered to be outside the U.S. for tariff purposes. Imported goods may be brought into FTZs for storage, manipulation, manufacture, or other processing and subsequent removal for exportation, consumption in the U.S., or destruction. A company bringing goods into an FTZ has a choice of zone status (privileged/non-privileged foreign, domestic, or zone-restricted), which affects the way those goods are treated by CBP and treated for tariff purposes upon entry into the customs territory of the U.S.
CBP Forms 214, 214A, 214B, and 214C, which make up the application for FTZ admission and/or status designation, are used to register the admission of merchandise into FTZs and to apply for the appropriate zone status. CBP Form 216, the FTZ activity permit, allows companies to request approval to manipulate, manufacture, exhibit, or destroy merchandise in an FTZ.
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