U.S. Customs and Border Protection (CBP) published a Notice of Proposed Rulemaking (NPRM) March 13, 2009, in the Federal Register [http://edocket.access.gpo.gov/2009/ pdf/E9-5481.pdf] to amend existing regulations to exclude the value of U.S.-origin goods used in repairs, alterations or processing performed abroad from the dutiable value on articles exported from the United States and returned under subheading 9802.00.40, 9802.00.50, or 9802.00.60 of the Harmonized Tariff Schedule of the United States (HTSUS).  The proposed changes are intended to provide an incentive to use U.S.-origin parts in the foreign repairs, alterations or processing of articles entered under these provisions.

Click on the PDF link above to view the full alert.

Source: Customs and Trade Client Alert
Leave Drinker Biddle to Learn More