• CENSUS FTZ REQUESTS

    QUESTION: Have other companies in the group experienced an increase in the questions/requests from Census related to FTZ volume shifts?  We are receiving questions on a monthly basis and it is becoming a task to manage.  Does anyone have a suggestion on how to reduce these monthly inquiries? ================================ ANSWER: Hi,   I have not […]

  • FTZ WITHDRAWAL SCENARIO

    QUESTION: This is a hypothetical situation to frame a question I have about FTZs. Let’s say the following items are imported into an FTZ with approval from CBP: –          Raw shelled cashews from Vietnam –          Peanut Oil from Nigeria These items, combined with salt from the USA, are manufactured at the FTZ warehouse into a […]

  • FTZ ACCOUNTABILITY

    QUESTION: Our foreign entity has enlisted a 3rd party US FTZ operator to process documents, logistics and warehouse control. The parts will be a simply pass through via import logistics bonded move into FTZ and when demand occurs, an export to the Latin American destination.   Question: Am I wrong in not giving them my […]

  • FTZ INVENTORY ACCURACY

    QUESTION: What level of accuracy would generally be acceptable for an FTZ manufacturer using a FIFO inventory system?  Is CBP more concerned with the accuracy over the course of time, or at any given moment in time?  Is offsetting considered?   For example, if a manufacture has $100 million in admission per year and $10 […]

  • FTZ CONSUMPTION ENTRIES

    QUESTION: We are looking at the FTZ consumption entry process and would like some clarification from the members We would like to file our 7501 Summary Entries on a weekly basis. I understand that there is a requirement to file an estimated entry the week before (CBPF 3461) and reconcile it at the 7501 Summary […]

  • FTZ RESOURCES

    QUESTION: Do the members have any guidance where I can find other resource or references on Foreign Trade Zone (FTZ)? ========== Answers: Best resources are found with the National Association of Foreign Trade Zones. Their website is NAFTZ.org. I have been a member for over 25 years, and they are are 2nd best deal in organizations (the […]

  • FTZ 06 ENTRY

    QUESTION: When filing an 06 consumption entry out of our FTZ, our previous broker would always leave the country of export blank. We have since switched brokers and noticed that our new broker is completing the country of export indicating Germany for all lines. However, not all of the product was exported from Germany. What […]

  • FTZ RECEIVING SHORTAGE

    QUESTION: We are a FTZ and received a container that was delivered today and it was short 17 cartons.  What is the procedure is to file this with CBP? ========== Answers: If you are under direct delivery, you will want to file your 214 for the actual carton count, and provide a manifest discrepancy report […]

  • ARE FTZ ITEMS CONSIDERED INVENTORY

    QUESTION: We are toying with the idea of applying for creation of either a bonded warehouse or FTZ in a part of our current facility.  I understand there are pluses and minuses to consider for both but my main question is more from an operations standpoint :  If we import a product into an FTZ […]

  • FTZ TERMINATION LETTER

    QUESTION: Would anyone have a template we could use to request termination of a FTZ Operating agreement. Long story short, one of our locations had established an FTZ 3 years ago.  That Employee left and no one sees value in keeping it.We are being told by the port that the site is already de-zoned by […]

  • EX-COMPANY FTZ MANAGEMENT

    QUESTION: Can the one and only person who has authorization for FTZ transactions and reporting for a company leave their employ for a full-time job at a different company but continue to fulfill the company’s FTZ requirements part-time? =========== Answer: I would suggest keeping them on as a contract employee. =========== FTZ Transactions are not “Customs […]

  • FTZ OPS PROCEDURE

    QUESTION: Would there be anyone whom may a procedure for FTZ operations that they would commonly include in their Compliance and Broker manuals? =============== Answers Normally there is a separate FTZ operations manual that is submitted to Customs with the FTZ activation, and needs to be maintained as a condition of FTZ operations.  You may […]