Question: Is it possible to re-open an FTZ entry? Â Originally received instructions to export goods in the FTZ so a T&E was issued but now customer has changed their mind and want to export a different lot and return the other material to the FTZ.Answer:
We’re looking into the possibility of operating a FTZ. Because our goods are finished when imported, our biggest advantage would be the weekly duty payment which allows us to cap our MPF each week. Are any other members utilizing FTZs just for the MPF advantage? If we were to consider that, do you have any […]
We have a customer here in the states that purchases product directly from us in the states. We purchase this material from our foreign affiliate on a CIP basis. We would like for the customer to continue to purchase this product directly from us instead of going straight to our foreign affiliate so we can […]
Relative to the new CBP directive # 3240-036A, which becomes effective on Monday, October 20, 2003, what are the local CBP offices saying regarding how they will administer procedure 6.3? This has the potential to cause significant delays and could require changes to a company’s weekly estimated withdrawal procedures. Also, there is new language in […]
Has anyone looked at Regla Octava in Mexico versus using Maquilla or Pitex? Can anyone point me in the right direction that can help me make an educated decision?
Would appreciate some advice for this “fictionalized” transaction. The importer uses the FTZ to manufacture specialty vehicles. Engines are imported and placed in the FTZ; however, a box of spare parts is also shipped with the engine. The parts are used during the installation of the engine and to attach the engine to the vehicle. […]
Has anyone a procedure you can share on entry and withdrawals? Both privileged and non-privileged merchandise? There is some assembly taking place in the zone using both foreign and domestic components for shipment from the zone to both related and unrelated US third parties. There’s also some same condition shipments shipped same condition.
The importer brings in a large pump. With the pump comes a lot of loose parts that are eventually used to attach the pump to a larger machine. The loose parts come with part numbers and recently the vendor started assigning values to the parts. The vendor used to just lump the cost of the […]
Question: Does anyone have a company policy, work instructions or some sort of training guide for company employees regarding FTZ?
We are in the process of converting our warehouse to a FTZ. We are a retail distributor with thousands of sku’s and find we make inventory adjustments daily through our cycle count. I would be interested to know how if there are any other retailers who operate a FTZ. What is the percentage of accuracy […]
We are planning an FTZ subzone for our plant. We are now doing the cost/benefit of FTZ software. IT folk are suggesting we could attempt to do the FTZ completely within SAP. We implemented SAP three years ago, still working out some kinks for international. We bought the SAP-GTS module, but never implemented GTS in […]
In reading through the FTZ Brochure on CBP’s site under the advantages of using foreign-trade zone section it says “Goods may be imported into, and then exported from, a zone without the payment of duty and excise taxes except to certain countries, such as NAFTA countries, in which case, any applicable duty and excise tax […]
