On February 28, 2016, it will be mandatory for Customs Brokers and Self-Filers to file entries tthrough ACE instead of ACS. As an overview, The Automated Commercial System (ACS) is used by CBP to track, control, and process all goods …
Mandatory Transition To ACE: What Importers Need To Know Read more »
Some of you might have heard about Trans-Pacific Partnership (TPP), the TPP is a trade agreement between several Pacific Rim countries concerning a variety of matters of economic policy. Among other things, the TPP will seek to lower trade barriers …
Please be advised that the link between CBP and FDA has been down nationwide since last night. This was preventing us from receiving ABI (Electronic) releases from FDA and CBP. As of right now, it looks like CBP has resolved …
On June 29, 2015, the President signed the bill that reauthorizes GSP through December 31, 2017 and makes GSP retroactive to July 31, 2013. As provided in the Act, duty-free treatment of GSP-eligible imports will become effective 30 days after …
H.R. 1295 – the Trade Preferences Extension Act of 2015 (the “Act”) has been approved by Congress on June 25,2015 and was signed by the President on June 29,2015. The Act will renew the Generalized System of Preferences (GSP) preferential …
GSP To Be Renewed Retroactively and Other Major Trade Legislation To Be Reinstated Read more »
At Flegenheimer International, we like to make it a point to get out of the office and do things that help us better our knowledge so we can provide the best service possible to our clients. We are involved with …
Increase in Merchandise Processing FeesA bill is expected to be signed by the President on Friday, 10/21, which will increase the Merchandise Processing Fee paid on Formal Entries from the current 0.21% to 0.3464% of the Entered Value. Although the …
Merchandise Processing Fees / Generalized System of Preferences Read more »
