Question: What is the current tariff treatment for materials that are subject to Section 301 duties (China Origin) admitted into a foreign trade zone in prior years? The materials are not subject to Section 232. If withdrawn from the zones after April 9th, are these materials subject to Section 301 and the new IEEPA tariffs […]
Question: We operate an FTZ distribution center with no manufacturing. Goods are strictly brought in and sent back out. Hypothetically, if we were to pay duties on all CN goods to avoid any further duties added to what we currently have in stock and then immediately add those goods back into our FTZ inventory as […]
Question: I just joined a company that said they are actively using an FTZ, however when I go on to OFIS and look up the site, it is saying the status is “Approved” and the sunset date was 11/30/2024. How can the company say they are using it, when it isn’t showing any activity? Answer […]
Question: What is the prevailing thought on how the incoming Trump administration’s expected increase on Sec 301 rates will impact products in PF status in FTZs? Is it possible for increased duty rates to be applied retroactively to those products already admitted into the FTZ? Answer 1: There are certainly many uncertainties that will not […]
Question: In an FTZ with manufacturing, the process includes privileged foreign, non-privileged foreign and domestic goods. The privileged foreign and non-privileged foreign status goods are entered on the weekly summary as the parts are moved into the manufacturing process. The duty is then paid, which would then move all products to domestic status. The finished […]
Question: Are completed FTZ applications available to be reviewed? If yes, where would you access them? If not accessible, we are considering filing a FOIA request to review a current and accepted application. Should the FOIA request be sent to the local FTZ Board or to CBP? Answer 1: Applications are generally available under the […]
Question: Our customer in a Restricted Country requested that our company (FZ) processes Transfer of ownership (Exw) to their FF who will act as the Exporter of Record. Can someone please help me to identify the consequences and implications on such sales, what would be the best practice for having our company as the Exporter […]
Question: Can someone please provide an example of an approved FTZ manual? I see this question has been asked before, and the response was to see the CBP guidance or ask a FTZ consultant. The have the guidance, and don’t need the complete services of a consultant. The grantee has been very helpful and I […]
Question: We have a customer that is requesting that we become a FTZ operator so they can become exempt from local property taxes. Does the storage of goods in a FTZ alleviate the need to pay all property taxes or does a bonded warehouse afford the same relief? Answer 1: No, there is no impact […]
Question: Our company currently operates an FTZ and has opted to file weekly entries. We have recently encountered issues in regards to quota class merchandise and understand that items subject to quota are not allowed to be on a weekly entry. Are we allowed to file a “non-weekly” 06 entry to remove all quota items […]
QUESTION: We operate as an FTZ and are looking to self file our weekly withdrawals. In order to do this, must we have a licensed broker on the staff? %%%%%%%%%% ANSWERS: Yes, you will need a LCB on site. I hope that helps. %%%%%%%%%% If your company is the IOR then you do not need […]
QUESTION: Can an 06 Weekly FTZ entry be updated prior to 10th day, once it has been transmitted? I am aware that the Weekly Estimate Cargo Release can not be, but I am uncertain about the Entry Summary. ========== Answer: Yes, it is possible to update an 06 Weekly FTZ Entry once it has been […]
