Search Results for keywords:"customs duties"

The Department of Defense (DoD) is considering renewing a Reciprocal Defense Procurement Agreement with Italy, similar to one signed in 2008. This agreement promotes cooperation between the countries’ defense industries by offering reciprocal benefits, such as waiving certain restrictions and customs duties for defense products. The DoD is seeking feedback from U.S. companies involved in Italian defense procurements to ensure these processes are fair and transparent. Public comments are needed by April 18, 2025, to assess the agreement’s impacts and the reciprocity in defense market access between the U.S. and Italy.

Celgene Corporation has notified the Foreign-Trade Zones (FTZ) Board about its proposed manufacturing activities in Warren and Summit, New Jersey. The notification seeks permission for these locations to operate under FTZ 49 to produce cell therapy products, allowing Celgene to avoid customs duties on certain foreign materials used in products destined for export. The company may also reduce or defer duties on foreign equipment and scrap. Public comments are invited until April 6, 2021, and further details can be obtained by contacting the FTZ Board.

Bauer Manufacturing LLC, operating as NEORig, has submitted a notification to the Foreign-Trade Zones Board regarding proposed production activity in Conroe, Texas. They seek to expand their production capabilities to include two new finished products under FTZ 265. This would enable Bauer to save on customs duties for materials used in exporting and choose favorable duty rates for domestic sales. The deadline for public comments on this proposal is March 22, 2021, with more information available through contact details provided in the notice.

The United States Department of Commerce and the International Trade Commission have decided to continue imposing antidumping duties on non-malleable cast iron pipe fittings from China. This decision comes after a review that determined ending these duties could lead to dumping and harm the U.S. industry. The order was originally implemented to prevent unfair pricing that would damage domestic production. As a result, U.S. Customs will continue collecting duties on these imports to maintain fair market conditions.

Arvato USA, LLC, for GoPro, Inc., has submitted a notification to the Foreign-Trade Zones (FTZ) Board about proposed production activities at their facility in Louisville, Kentucky, within FTZ 29. The production involves assembling digital camera bundles with various components like camera mounts, batteries, and accessories, some of which may carry customs duties based on origin. Public comments on this proposal are invited until February 11, 2025, with more details available through the Board's online system. For further questions, Juanita Chen can be contacted by email.

Juno Therapeutics, Inc. has submitted a proposal to the Foreign-Trade Zones Board for production activity at its facility in Bothell, Washington. The facility will focus on producing cell therapy products, and the proposal includes plans to utilize foreign-sourced human T-cells, which are duty-free. If approved, this setup could allow Juno to avoid customs duties on certain materials and potentially defer or reduce them on production equipment. Public comments on this proposal are invited until April 12, 2021.

The U.S. Department of Commerce has shared preliminary findings that thermal paper from Germany was not sold below normal value from November 2022 to October 2023. The review process involved examining sales of Koehler Paper SE, as a request for review of another company, Mitsubishi Hitec Paper, was withdrawn. The review's results will inform customs duties and deposit rates, and public comments are invited. The final results will be published later, guiding assessments for future imports.

Bosch Security Systems, LLC has proposed a new production activity at its facility in Greer, South Carolina, which is located in the Foreign-Trade Zone (FTZ) 38. They plan to assemble and modify equipment like video surveillance systems, fire detection systems, and access control systems, which could qualify for reduced customs duties under FTZ procedures. Bosch aims to use specific foreign-sourced materials and components under these FTZ conditions. Public comments on this proposal are invited until April 6, 2021, and more information can be sought from the Board's Executive Secretary.

The U.S. Customs and Border Protection agency has announced new interest rates for calculating interest on overdue accounts and refunds of customs duties, effective from January 1, 2025. For both corporations and non-corporations, the interest rate on underpayments will be 7 percent. The interest rate on overpayments will be 7 percent for non-corporations and 6 percent for corporations. These rates are based on the Federal short-term rate and have decreased from the previous quarter.

On January 24, 2025, the U.S. Department of Commerce announced it will no longer apply antidumping duties to certain frozen fish fillets produced and exported by Vinh Hoan Corporation from Vietnam. This decision applies retroactively to entries made from August 1, 2021. The Department of Commerce will keep reviewing entries where Vinh Hoan was only the producer or only the exporter if the other party is still under review. U.S. Customs and Border Protection has been instructed to remove antidumping duties on the relevant entries.