The U.S. Customs and Border Protection (CBP) today issued a release noting a change on inbond transmissions.
CSMS #12-000343 (August 31, 2012)
Under the “legacy” Automated Broker Interface (ABI), a subsequent inbond may be transmitted via the inbond transaction (QP) after the first arrival posting for the previous inbond—even if that arrival is not for the full inbond quantity.
However under ACE, subsequent inbonds may not be transmitted via QP until the previous inbond is completely “arrived.”
Today’s CPB notice emphasizes that all QPs will be transmitted via ACE effective September 29 2012. The CBP guidance states that if the business practice is to transmit one inbond that covers multiple bills of lading, the transmission of any subsequent inbond will need to wait for the arrival of all merchandise covered by that inbond. The guidance provide steps for indicating that a previous inbond has not “been arrived” in its entirety.
For more information, contact a professional with KPMG’s Trade & Customs practice:
Douglas Zuvich, (312) 665-1022
McLoughlin, (267) 256-2614
Todd R. Smith,
Luis A. Abad, (212) 954-3094
Amie Ahanchian, (202) 533-3247
Or your local KPMG Trade & Customs professional.
* * * * *
ANY TAX ADVICE IN THIS COMMUNICATION IS NOT INTENDED OR WRITTEN BY KPMG TO BE USED, AND CANNOT BE USED, BY A CLIENT OR ANY OTHER PERSON OR ENTITY FOR THE PURPOSE OF (i) AVOIDING PENALTIES THAT MAY BE IMPOSED ON ANY TAXPAYER OR (ii) PROMOTING, MARKETING OR RECOMMENDING TO ANOTHER PARTY ANY MATTERS ADDRESSED HEREIN.
The information contained herein is of a general nature and based on authorities that are subject to change. Applicability of the information to specific situations should be determined through consultation with your tax adviser.
Back to top