International Trade Law News /title <!DOCTYPE html PUBLIC "-//W3C//DTD XHTML 1.0 Strict//EN" "http://www.w3.org/TR/xhtml1/DTD/xhtml1-strict.dtd"> <html xmlns="http://www.w3.org/1999/xhtml" xml:lang="en" lang="en"> <meta name="verify-v1" content="6kFGcaEvnPNJ6heBYemQKQasNtyHRZrl1qGh38P0b6M=" /> <head> <title>International Trade Law News

« Home | U.S. and China to Hold Export Controls Conference ... » | CBP to Conduct Byrd Amendment Audits » | FCPA Article and Essay Contest » | U.S. Department of Commerce to Eliminate "Zeroing"... » | DHS Proposed Mandatory Security Programs for Chemi... » | President Bush Issues Proclamation Authorizing Cha... » | CBP Issues New C-TPAT Security Criteria for Custom... » | House International Relations Committee to Hold He... » | DDTC to Upgrade D-Trade on January 8, 2007 » | CBP to Hold "ACE Exchange III" Conference » 

January 03, 2007 

New U.S. HTS Schedule to Take Effect on February 3, 2007/ITC Publishes Draft 10-Digit Version of New HTS Schedule

As we previously noted, the Presidential Proclamation authorizing the modification of the Harmonized Tariff Schedule of the U.S. (HTSUS) to conform to the numerous changes made to the Harmonized System was recently issued. The Proclamation states that the modifications to the HTSUS will apply to "goods entered, or withdrawn from warehouse for consumption, on or after the later of (i) February 1, 2007, or (ii) the thirtieth day after the date of publication of this proclamation in the Federal Register."

The Proclamation will be published in the
Federal Register on January 4, 2007. The thirtieth day after January 4, 2007 is February 3, 2007.

In the meantime, today the U.S. International Trade Commission (ITC) posted on its website for the first time the complete 10-digit version of the HTSUS, incorporating the changes made by the World Customs Organization (WCO) and other changes required by U.S. law. The draft chapter-by-chapter listing of the
2007 Harmonized Tariff Schedule and general notes can be found at the following link: www.usitc.gov/tata/hts/bychapter/index.htm. As you will note, this version is prominently labeled "DRAFT" in red on each page, since it will not take effect until February. The ITC has advised that the final version of the basic edition of the 2007 HTS will be posted on the ITC's website on or about February 3, 2007 and a hard copy version will be published by the Government Printing Office at that time.

Another major change that will occur with the implementation of the new HTSUS in February, is that in most cases the tariff codes contained in the HTSUS can be used instead of Schedule B codes for reporting exports on the Shipper's Export Declaration or under the Automated Export System. The list of products for which a Schedule B number still must be used can be found in the "Notice to Exporters" section of the HTSUS at http://hotdocs.usitc.gov/docs/tata/hts/bychapter/0700n2x.pdf.

Labels: , ,


Editor

Subscribe

Subscribe to our confidential mailing list

Mobile Version

Search Trade Law News

International Trade and Compliance Jobs

Jobs from Indeed

Archives

Categories

Disclaimer

  • This Site is presented for general informational purposes only and does not constitute legal advice. No attorney-client relationship is formed when you use this Site. Do not consider the Site to be a substitute for obtaining legal advice from a qualified attorney. The information on this Site may be changed without notice and is not guaranteed to be complete, correct or up-to-date. While we try to revise this Site on a regular basis, it may not reflect the most current legal developments. The opinions expressed on this Site are the opinions of the individual author.
  • The content on this Site may be reproduced and/or distributed in whole or in part, provided that its source is indicated as "International Trade Law News, www.tradelawnews.com".
  • ©2003-2015. All rights reserved.

Translate This Site


Powered by Blogger