In-Bond Regulatory Changes Extension
01/09/2018 10:10 am
U.S. Customs and Border Protection (CBP) has extended the timeframe for initial implementation of in-bond regulatory changes for all participants for a period of six months. During this extension, CBP officers will continue to accept paper versions of CBP Form 7512 and will input the data on the trade's behalf.
The new implementation schedule is as follows:
- July 2, 2018 – Paper CBP Form 7512 will no longer be accepted by CBP for input into ACE. Electronic filing of new in-bond transactions will be the responsibility of the trade. Paper forms or other paper alternatives (screen prints or plain paper documents etc.) will be accepted as part of enforcement processes at the border or verification/audit operations.
- August 6, 2018 - Electronic reporting of all transactions will be mandatory; CBP will no longer accept paper copies of the CBPF 7512 to perform arrival and export functionality. These functions will be the requirement of the carrier. Electronic reporting will be mandatory
At this time, no date is set for implementation of the provision requiring the 6-digit Harmonized Tariff Schedule number requirement for Immediate Transportation movements.
For further assistance or additional information on this matter, please contact Customized Brokers at 305.463.4804 or email@example.com .