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- Time£º2017/11/17Origin£ºU.S. Shipping Inc.
U.S. Customs and Border Protection (CBP) issued a final rule revising the regulations for goods shipped ¡®In-Bond¡¯, effective November 27, 2017. In-bond shipments are transported within the U.S. under bond, without entering into the commerce of the U.S. or payment of duties.
There are three In-bond types:
- IT: In-Transit bonds, where a good is moved to another port for entry filing;
- T&E: Transportation and Exportation bonds, where a good is transported to another port and then exported from the U.S.; and
- IE: Immediate Export bonds, where a good may be immediately exported from the same port it arrived in.
Summary of major changes to In-bond:
-Barge In-Transit Time: Extended to 60 days; other modes remain at 30-days.
-Reporting Timeframes: Two (2) business days for Reporting-of-Arrival and Notice-of- Export.
-Description of Merchandise:- In-bond merchandise subject to the authority of a U.S. government agency must be described with sufficient accuracy to enable the agency concerned to determine the contents of the shipment.
- Six-digit Harmonized Tariff Schedule (HTS) number required.
- Identification of Prohibited or restricted merchandise will not be mandatory.
- U.S. or foreign government authority issued visa, permit, license, etc. reporting will not be required.
- Detailed reporting for textiles for IT In-Bonds remains in effect.