What is a CBP 216?

Form 216 – Application for Foreign-Trade Zone Activity Permit | U.S. Customs and Border Protection.

What is a 214 entry?

Form 214 – Application for Foreign-Trade Zone Admission and/or Status Designation | U.S. Customs and Border Protection. An official website of the United States government.

What is the customs territory of the United States?

“Customs territory of the United States” includes only the States, the District of Columbia, and Puerto Rico. Date of entry. The “date of entry” or “time of entry” of imported merchandise shall be the effective time of entry of such merchandise, as defined in § 141.68 of this chapter.

What does privileged foreign status mean?

A status as privileged foreign merchandise cannot be abandoned and remains applicable to the merchandise even if changed in form by manipulation or manufacture, except in the case of recoverable waste (see § 146.42(b)), as long as the merchandise remains within the purview of the Act.

What do you need to declare when entering the US?

You must declare all items you purchased and are carrying with you upon return to the United States, including gifts for other people as well as items you bought for yourself. This includes duty-free items purchased in foreign countries, as well as any merchandise you intend to sell or use in your business.

How much does it cost to declare US customs?

Up to $1,600 in goods will be duty-free under your personal exemption if the merchandise is from an IP. Up to $800 in goods will be duty-free if it is from a CBI or Andean country. Any additional amount, up to $1,000, in goods will be dutiable at a flat rate (3%).

What happens if you don’t declare at customs?

The criminal fine is up to $500,000 or twice the value of the contraband non-declared products, whichever is greater. The fines don’t stop there. In additional to the criminal penalty, there is a civil penalty of up to $10,000, or the value of the contraband non-declared product, whichever is greater.

What is custom free zone?

Table of Contents. free-trade zone, also called foreign-trade zone, formerly free port, an area within which goods may be landed, handled, manufactured or reconfigured, and reexported without the intervention of the customs authorities.

What do you mean by customs territory?

What is the Customs Territory? The customs territory, by definition, is the place where the customs authority acts, controlling foreign trade operations.

What is non privileged foreign status?

b. Non-Privileged Foreign (NPF) – Foreign merchandise upon which the duty and applicable taxes will be determined at the time that the merchandise enters the Customs territory of the U.S. from the zone for consumption.

How many foreign trade zones are there in the US?

There are 195 active FTZs in the United States. More than 3,300 companies currently utilize the program.