CBP’s ACEopedia: Your Source for everything ACE!

US Customs and Border Protection (CBP) has established a schedule for completing development of all core trade processing capabilities in the Automated Commercial Environment (ACE) by the end of 2016. Progress on the transition to ACE is underway, and as the deployment schedule rolls on, CBP is keeping the trade up to date on all of the newest features.

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ACE Deployment D Coming October 2014

US Customs and Border Protection (CBP) will deploy the second release of the Automated Commercial Environment (ACE) Deployment D on October 18, 2014.

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Exports & NAFTA Qualifications – Making It Work in Your Zone Operations

Exporting from a zone and taking advantage of NAFTA Duty Deferral – two scenarios that can become complicated for even the most senior zone operator.
US Foreign-Trade Zone (FTZ) exporters need to remember that in addition to CBP export regulations and FTZ operating procedures, they must also adhere to all Federal Government export laws and regulations that apply to the exporting of merchandise from United States, including submission of the export data to the Automated Export System (AES). What export controls and documentation do you need to have in place in your zone operations? Beyond exporting, there is also NAFTA Duty Deferral – another complex FTZ scenario. What do you need to know about the regulations, what are your options, and what is impact? It is also important to know what needs to be filed as the entry and what needs to be filed as the claim.
On Wednesday, October 15, 2014 at 2:00 p.m. EDT, Integration Point and Rockefeller Group Foreign Trade Zone Services will present a 60-minute webcast on these FTZ scenarios involving NAFTA qualifications and exporting for zones. During this webcast, Rebecca Williams, Managing Director of Rockefeller Group’s FTZ Services will go over how to file the entry once you have identified qualifying goods within your zone as well as walk through examples of how goods, once admitted to an FTZ and then exported, would be reported.
You are invited to join us for this free, educational webcast, where attendees will learn: Continue reading

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Are You Using the Most Current CBP Bond Forms?

Don’t forget that US Customs and Border Protection (CBP) stopped accepting outdated forms as of September 1, 2014. CBP’s forms CBP 301 (bond form) and CBP5106 have both been updated and only the newer forms are being accepted.

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Did You Know…

Did you know that foreign-trade zone (FTZ) exports can be identified on all zone filings in AES? According to NAFTZ, the US Census Bureau confirmed that operators can file their FTZ identifier when reporting exports using the Automated Export System (AES) In bond code of 70 (Merchandise NOT shipped in bond).

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Looking Up: Value of Exports From US FTZs Increase

The value of exports from US foreign-trade zones (FTZs) increased by over 15% last year to a record high of $79.5 billion USD according to the US Foreign-Trade Zones Board’s Annual Report to Congress. NAFTZ states that there were 177 active zones during 2013 with a total of 289 active manufacturing/production operations. The value of received merchandise also saw an increase of 14%.

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Time to Update Your Cotton Fees!

We recently shared news that, as of Monday August 25, 2014, the US Department of Agriculture has decreased the fee rate assessed on US imports of cotton and cotton containing products.  To find out more about the FRN published on June 26, 2014, and to see what HTS numbers are affected click here.

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US Department of Agriculture’s AMS Decreasing Cotton Fees

As of August 25, 2014, the US Department of Agriculture’s Agricultural Marketing Service (AMS) will be decreasing the assessment fees paid on US imports of cotton and cotton containing products.   The decrease comes just two years after a previous increase.

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ASF: Expand or Reorganize?

The Alternative Site Framework (ASF) is an optional “framework” designed to serve projects within a foreign-trade zone (FTZ). Those that opt to use ASF typically want the flexibility to both attract users/operators to certain fixed sites but also want the flexibility to serve companies at other locations when the demand for FTZ services arises in the future.

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QP/WP Explained

What is QP/WP?

QP/WP is the electronic filing of a CF7512 form or In-Bond document to US Customs & Border Protection (CBP).  Companies can use QP/WP to move goods In-Bond to another location.

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