Search Results for keywords:"Foreign Trade Zones"

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Search Results: keywords:"Foreign Trade Zones"

  • Type:Notice
    Citation:90 FR 3232
    Reading Time:about 3 minutes

    The Department of Homeland Security's U.S. Customs and Border Protection (CBP) is seeking public comments on their proposal to extend an information collection related to Foreign Trade Zones without changes to the existing requirements. This process is part of the Paperwork Reduction Act of 1995, and comments can be submitted until March 17, 2025. The information collection involves recordkeeping and the submission of certification letters by businesses operating in these zones, with a total estimated annual burden of 299 hours. The CBP wants feedback on the necessity, accuracy, and ways to ease the burden of this information collection.

    Simple Explanation

    The Department of Homeland Security wants to hear what people think about their plan to keep track of some special zones where businesses store things without certain taxes. They need help from the public to see if these rules are good or too hard to follow.