FREE Webinar: Weekly Estimate for every HTS/COO/MID Combination/Zone Status

Description

The NAFTZ Advocacy Issues Webinar Series was started in response to the recent NAFTZ Advocacy and Public Policy Issues Survey.  A large majority of survey respondents indicated a strong desire to better understand and learn more about each of the association's advocacy and policy issues.  

This session will cover the Weekly Estimate for every HTS/COO/MID Combination/Zone Status AND the CBP ACE 999 Line Limit on Weekly Estimates issue.  

Featured Speaker(s):  Liz Connell, TR and Melissa Irmen, ISCM Inc. will highlight key steps to compliance and best practices. A Q&A session will follow the presentation.

Special thanks to Thomson Reuters for sponsoring this webinar

Receive up to 1 CCS credit for attending the LIVE event, subject to NCBFAA Guidelines
The National Association of Foreign-Trade Zones (NAFTZ) is registered with the National Customs Brokers & Forwarders Association of America, Inc. (NCBFAA) as a sponsor for continuing education. NCBFAA has final authority on the acceptance of individual courses for CCS credit. No prerequisites or advance preparations required to attend this webinar and guest must attend the FULL LIVE 60minute event to receive up to 1 CCS Credit subject to NCBFAA guidelines . Requests for credit must be received within 3 weeks of the event. 

Every possible HTS/COO/MID/Zone Status Combination on Weekly Estimates

Background:

CSMS #53267891 along with guidance published in the ACE Frequently Asked Questions (https://www.cbp.gov/trade/automated/ace-faq) indicate if any good with an HTS/COO/MID/Zone Status combination not included on the weekly estimate is to be removed from the zone to go into the U.S. commerce, a supplemental 3461 including that HTS/COO/MID/Zone Status combination in sufficient quantity must be released by CBP prior to the removal of the good.

Issue:

This suggests that FTZs must include all possible HTS/COO/MID/Zone Status combinations on the weekly estimate.  This may cause the number of lines on the estimate to exceed the current CBP ACE 999-line limit and require the management of multiple entries per week; cancelling those entries not used, and matching shipments to specific entries; and increased merchandise processing fees and brokerage fees for the FTZ.

Advocacy effort:

Regulatory fix. NAFTZ holds regular meetings with officials from Commerce and CBP and is actively working with these agencies to assist in finding ways to increase the ACE 999-line limit.