View Rule
View EO 12866 Meetings | Printer-Friendly Version Download RIN Data in XML |
TREAS/DO | RIN: 1505-AB96 | Publication ID: Spring 2009 |
Title: First Sale Declaration Requirement | |
Abstract: This rule establishes an importer declaration requirement to assist Customs and Border Protection (CBP) in gathering information at the time of entry on the transaction valuation of goods imported into the United States under section 15422(a) of the Food, Conservation, and Energy Act of 2008. Effective for a one-year period beginning August 20, 2008, all importers will be required to provide a declaration to CBP at the time of entry stating whether or not the transaction value of the imported merchandise is determined on the basis of the first or earlier sale of goods. CBP will then report the frequency of the use of the first sale rule and other associated data to the International Trade Commission (ITC) on a monthly basis. This document does not affect or modify the notice of proposed interpretation of the expression sold for exportation to the United States published in the Federal Register on January 24, 2008 (73 FR 4254), and CBP will not take any action with regard to the proposal until after the submission of ITCs report to Congress, and the completion of CBPs own economic analysis. | |
Agency: Department of the Treasury(TREAS) | Priority: Substantive, Nonsignificant |
RIN Status: Previously published in the Unified Agenda | Agenda Stage of Rulemaking: Long-Term Actions |
Major: No | Unfunded Mandates: No |
CFR Citation: 19 CFR 141.61(g) | |
Legal Authority: 19 USC 1624 19 USC 1448 19 USC 1484 |
Legal Deadline:
|
|||||||||||||||
Timetable:
|
Regulatory Flexibility Analysis Required: Undetermined | Government Levels Affected: None |
Federalism: No | |
Included in the Regulatory Plan: No | |
RIN Data Printed in the FR: No | |
Agency Contact: Monika Rice Brenner Chief, Valuation and Special Programs Branch Department of the Treasury United States Customs Service Office of Regulations and Rulings, Regulations and Rulings, Office of International Trade, U.S. Customs and Border Protection, 90 K Street NE., 10th Floor, Washington, DC 20229-1177 Phone:202 325-0038 Fax:202 325-0152 Email: monika.r.brenner@cbp.dhs.gov |