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Protest, 1520(c), and Other Provisions
of the Miscellaneous Trade Bill
U.S. Customs and Border Protection (CBP) has posted to its Web site a memorandum on the Miscellaneous Trade and Technical Corrections Act of 2004 (Public Law (P.L.) 108-429), which was signed into law on December 3, 2004.
In the memorandum, CBP states that P.L. 108-429 amends the Harmonized Tariff Schedule (HTS) to modify temporarily certain rates of duty and make other technical amendments to trade laws. Along with other changes, CBP states that P.L. 108-429 affects CBP trade operations primarily in two ways:
First, it mandates that many import entries be reliquidated to reflect duty changes. Second, it makes significant changes to many long-standing laws related to entry of merchandise, affecting areas such as liquidation, duty collection, protest, reconciliation, and drawback. ... ( More )
Excerpt from December 21, 2004Home | About Broker Power | Request Free Trial
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