(STR Trade Report)
The Census Bureau has issued an interim final rule reinstating export filing exemptions for temporary exports, which includes carnets, and goods previously imported under a temporary import bond and exported in the same condition. As a result, electronic export information for such shipments no longer needs to be filed in the Automated Export System. However, Census states that it and U.S. Customs and Border Protection will review these exemptions in partnership with the trade community and may publish a proposed rule to address temporary exports, carnets and TIBs in the future. This rule is effective as of Sept. 12 and comments on it are due no later than Oct. 14.
Census states that a March 2013 final rule removed these exemptions but that both the Treasury Department and members of the trade community raised concerns that mandatory AES filing for carnets may be contrary to the Customs Convention on the ATA Carnet for the Temporary Admission of Goods and could potentially lead other nations to implement additional filing requirements for carnets. The trade community added that for goods moving on a foreign carnet it is unclear who would file the required documentation, making it extremely difficult to comply with the Foreign Trade Regulations. Read more here.