CBP Steps Up Collection Efforts

August 30, 2017 | Industry Insights

CBP Steps up Collection Efforts

Share This:
Featured Image

On 8/14/2017, CBP issued CSMS# 17-000489 – CBP Bills for Supplemental Duties, Taxes and Fees, or Vessel Repair Duties reminding the trade of the 30 day timeframe to pay bills. This change of policy is a result of recent CBP initiatives to increase collections.

Any bill for supplemental duties, taxes and fees or vessel repair duties are due 30 days from the bill date. If not paid within the 30 day timeframe, the bill is considered delinquent. The regulatory time frame for filing protests as outlined in 19CFR§174.12(e) remains the same; 90 days from the bill date for entries made before 12/18/2004 and 180 days from the bill date for entries made on or after 12/18/2004.

As of 9/5/2017, CBP will be reducing its timeframe for sending dunning letters from 181 days from the bill date to 61 days. If bills remain delinquent after the 60th day, any refunds an importer is due will not be returned as the refund will be applied to the delinquent bill. Sureties will also be receiving payment reminder notices sooner.

Roanoke recommends that recipients of bills timely pay bills to avoid unnecessary expense for interest accrual. If a protest will be filed, it is important to file it well in advance of the 90 or 180 day deadline. 

If you have any questions, please call us at 1.800.ROANOKE (1.800.762.6653) or email us at infospot@roanokegroup.com.

Share This:

Related


2024 NCBFAA Scholarship & Application Announcement

Roanoke Insurance Group is delighted to once again sponsor  a $5,000 scholarship to students intending to join the trade industry. The National Customs Broker and Forwarder Association of America (NCBFAA) offers this $5,000 scholarship award yearly and will be presented to the winner at the NCBFAA annual conference in April 2024. The topic for this year’s scholarship will be “What are the key steps an organization should take to ensure that training, auditing, and engagement with a licensed customs broker and the sharing of industry information are effectively relayed to all employees, as well as properly documented to substantiate compliance […]

Events, Industry Insights

2023 NCBFAA Scholarship & Application Announcement

Roanoke Insurance Group is delighted to once again sponsor a $5,000 scholarship to students intending to join the trade industry. The National Customs Broker and Forwarder Association of America (NCBFAA) offers this $5,000 scholarship award yearly and will be presented to the winner at the NCBFAA annual conference in April 2023. The topic for this year’s scholarship will be “U.S. Trade Embargoes – Are They Effective Tools to Promote Change?” This $5,000 Scholarship Award is available to any employee (or an employee’s child) of an NCBFAA Regular member. High school seniors or undergraduate students at an accredited college or university, […]

Industry Insights

Leadership Excellence: Karen Rzeszutko Represents Roanoke on USCIB Board

We are excited to share that Karen Rzeszutko, President of Roanoke Insurance Group Inc. has been appointed to the Board of Directors of the United States Council for International Business (USCIB) for the 2024-2026 term. This appointment recognizes Karen’s outstanding leadership and her significant contributions to the industry. The USCIB, a prominent organization dedicated to promoting the success of U.S. businesses globally, has welcomed new and reelected members to its Board of Trustees and Board of Directors. The announcement, made on May 20, 2024, in New York, NY, includes a diverse group of leaders from various sectors who will bring […]

Industry Insights

Roanoke is the leading provider of insurance and surety solutions for transportation and logistics providers. In fact, we are recognized as the most reliable source for U.S. customs bonds.

Contact

If you have any questions or need help, feel free to contact with our team.

800-762-6653
US Flag

US CORPORATE HEADQUARTERS

1501 E. Woodfield Road

Suite 400W

Schaumburg, IL 60173


Canada Flag

CANADA CORPORATE HEADQUARTERS

390 Bay Street

Munich Re Centre, 22nd Floor

Toronto, ON M5H 2Y2

Solutions that Go the Distance.

© 2024 Roanoke Insurance Group Inc.

Better Business Bureau logoCoverholder at Lloyd's logo