News
U.S. Customs and Border Protection （CBP） recently has issued a proposed rule to amend the in-bond regulations in order to enhance their ability to regulate and track in-bond merchandise and to ensure that the goods are properly entered and duties are paid or that the in-bond merchandise is exported.
The in-bond process allows imported merchandise to arrive at one U.S. port of entry, without appraisement or payment of duties, and transported by a bonded carrier to another U.S. port of entry where the merchandise is officially entered into the commerce of the U. S. and duties are paid, or, the merchandise is exported.
According to the notice, the proposed rule would:
- Eliminate the paper in-bond application （CBP Form 7512） and require carriers or their agents to electronically file the in-bond application.
- Require additional information on the in-bond application including the six-digit Harmonized Tariff Schedule number, if available, and information relevant to the safety and security of the in-bond merchandise.
- Establish a 30-day maximum time to transport in-bond merchandise between U. S. ports, for all modes of transportation except pipeline.
- Require carriers to electronically request permission from CBP before diverting the in-bond merchandise from its intended destination port to another port.
- Require carriers to report the arrival and location of the in-bond merchandise within 24 hours of arrival at the port of destination or port of export.
- Restructure the in-bond regulations so that they are more logical and better track the in-bond process.
Comments must be received by April 23, 2012.
CBP is not proposing to change the in-bond procedures found in the air commerce regulations.
