U.S. Customs And Border Protection Provides FAQs Regarding 90-Day Duty Postponement

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As stated in our earlier post, the Secretary of the Treasury and U.S. Customs and Border Protection (CBP) have postponed the deadline for payment for the deposit of certain estimated duties, taxes, and fees for importers experiencing a significant financial hardship due to the coronavirus disease (COVID-19) for up to 90 calendar days.

CBP is publicizing a number of Frequently Asked Questions regarding this temporary postponement on the CBP.gov COVID-19 Updates and Announcements webpage. Additionally, CBP is providing an email address for the trade to use with respect to questions; specifically, the Office of Trade, Trade Policy and Programs at OTentrysummary@cbp.dhs.gov.

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

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