Industry News
Important Update from CBP
TweetDec. 17. 2021
By:
David G. Forgue
Today Customs issued CSMS 50430066, which is of importance to every importer. The message says:
U.S. Customs and Border Protection (CBP) understands that the five-year World Customs Organization harmonized tariff schedule update will not take effect January 1, 2022. CBP is awaiting formal direction for this update, which will be implemented by Presidential Proclamation and published in the Federal Register. In the interim, CBP will continue to use the current harmonized tariff schedule and encourages the trade community to do the same until further guidance is provided.
Importers, as discussed in the linked article, will need to quickly make 2022 changes once the Presidential Proclamation is issued. Do not hesitate to contact any attorney at Barnes, Richardson & Colburn, LLP if you have any questions.
