CBP to allow for duty deferral during crisis
March 24, 2020
Below is a message from U.S. Customs and Border Protection (CBP):
Due to the severity of Novel Coronavirus Disease (COVID-19), U.S. Customs and Border Protection (CBP) will approve on a case by case basis additional days for payment of estimated duties, taxes and fees due to this emergency. Please note we are working on a future message that will provide further information. Please watch your CSMS messages.
NOTE: CBP has confirmed that the March 20, 2020 debit authorizations for the Periodic Monthly Statements and the daily statements have been transmitted to the Department of Treasury. Please work directly with your financial institution if you wish to prevent these funds from being withdrawn.
Requests should be directed to the Office of Trade, Trade Policy, and Programs at OTentrysummary@cbp.dhs.gov.
To read full message, and for comments and suggestions for companies seeking “additional days” for payment of duties, see this article by Global Trade Magazine.
Source: Global Trade Magazine, U.S. Customs and Border Protection (CBP)
Questions? Please contact your Farrow representative or complete our online form.