CBP provides additional 45 days for compliance with U.S. executive order on Hong Kong trade
CBP provides additional 45 days for compliance
U.S. Customs and Border Protection (CBP) today announced it is providing an additional 45 days—through November 9, 2020—for trade businesses to comply with a presidential executive order on Hong Kong normalization.
CSMS #43729326 (August 21, 2020) reports that the initial 45-day transition period has been extended and importers are being given more time to comply with the requirements for goods produced in Hong Kong to be appropriately marked with the origin of “China.”
During the 45-day transition period, CBP personnel are not to take any enforcement actions (i.e., marking notices, marking penalties, etc.) on goods produced in Hong Kong. This change in marking requirements does not affect country-of-origin determinations for purposes of assessing ordinary duties under Chapters 1-97 of the Harmonized Tariff Schedule of the United States (HTSUS) or temporary or additional duties under Chapter 99 of the HTSUS. Entry summary procedures also have not changed.
CBP cautioned that given that this new rule only applies to marking requirements under 19 U.S.C. 1304, filers need to continue to file their entry summaries and submit payments for applicable duties, taxes, and fees in accordance with current regulations and policies.
For more information on this topic or to learn more about KPMG’s Trade & Customs Services, contact:
Doug Zuvich |
John L. McLoughlin |
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Andy Siciliano |
Steve Brotherton |
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Luis (Lou) Abad |
Irina Vaysfeld |
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Amie Ahanchian |
Christopher Young |
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Gisele Belotto |
George Zaharatos |
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Andy Doornaert |
Jessica Libby |
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