| Title: | COTTON IMPORT ASSESSMENT |
|---|---|
| Date: | 1992-07-09 |
| To: | abi |
| Links: | previous, next |
COTTON IMPORT ASSESSMENT
1) INTERIM FINAL RULE AND IMPORT ASSESSMENT TABLE APPEAR IN
THE FEDERAL REGISTER DATED JULY 2, 1992. THE TABLE
CONSISTS OF HTS NUMBERS AND CORRESPONDING COTTON
ASSESSMENT RATES AS INDICATED IN COLUMN HEADED CENTS/KG.
2) EFFECTIVE DATE - ENTERED ON OR AFTER JULY 31, 1992.
3) COTTON FEE RATE PER KG WILL BE INDICATED IN POSITIONS 56
- 67 OF THE V5 THROUGH VC RECORDS OF THE HTS UPDATE. THIS RATE
MULTIPLIED BY THE NET KG FOR THE HTS NUMBER WILL DETERMINE THE
AMOUNT OF THE COTTON FEE.
4) FEE ONLY APPLIES TO UPLAND COTTON.
5) WHERE MULTIPLE TARIFF NUMBERS ARE REQUIRED TO BE REPORTED ON
A LINE, COMPUTE THE FEE BASED ON THE RATE APPLICABLE TO THE
FIRST TARIFF NUMBER SUBJECT TO THE COTTON ASSESSMENT.
6) EXEMPTIONS
A) HTS NUMBERS BEGINNING WITH 9802.00.40, 9802.00.50,
9802.00.80 AND 9813 EVEN IF ENTERED WITH ANOTHER
TARIFF NUMBER SUBJECT TO THE COTTON FEE.
B) TO EXEMPT PAYMENT OF COTTON FEE REQUIRES AN
EXEMPTION CERTIFICATE FROM THE COTTON BOARD AND
THE CERTIFICATE NUMBER WILL BE INDICATED ON ENTRY.
C) CUSTOMS WILL REQUIRE THAT THE EXEMPTION CERTIFICATE
NUMBER BE TRANSMITTED ON THE 51 RECORD IN POSITIONS
48 THROUGH 56 TO EXEMPT FEE.
D) ARTICLES CLASSIFIED BY HTS NUMBERS SUBJECT TO ASSESSMENT WHICH
CONTAIN NO COTTON REQUIRE THAT AN EXEMPTION NUMBER '999999999'
BE INDICATED IN POSISTIONS 48 THROUGH 56 OF THE 51 RECORD.
E) EXEMPT WHEN A VALID 'H' SPI IS ENTERED.
F) TIB ENTRIES ARE EXEMPT FROM COTTON FEES.
G) INFORMAL ENTRIES ARE EXEMPT FROM COTTON FEES.
7) DE MINIMIS - FEES THAT TOTAL $2.00 OR LESS PER LINE ARE EXEMPT
AND SHOULD NOT BE REPORTED. THERE IS NO DE MINIMIS PER ENTRY. .
8) CLASS CODE FOR COTTON ASSESSMENT = 056.
9) THE AMOUNT OF COTTON FEE PER LINE WILL BE TRANSMITTED ON
THE 62 RECORD AND THE TOTAL AMOUNT OF COTTON FEE PER
ENTRY WILL BE TRANSMITTED ON THE 89 RECORD.
10) REFUNDS WILL BE DIRECTED TO AND ISSUED BY THE COTTON BOARD.
11) FOR FURTHER INFORMATION CONTACT:
COTTON QUESTIONS - DICK CRICHTON AT (202) 927-0162.
ABI UPDATES - IRV FISHER AT (202) 927-0241.
COTTON FEES - CRAIG SHACKELFORD (USDA) (202) 720-2259.
12) FURTHER INSTRUCTIONS CONCERNING THE REPORTING OF COTTON FEES ON
THE CF7501 WILL BE FURNISHED BY THE OFFICE OF TRADE OPERATIONS.
13) DUE TO THE LARGE AMOUNT OF UPDATES (10,000 HTS RECORDS) REQUIRED
TO IMPLEMENT THE ANDEAN TRADE PREFERENCE ACT WHICH IS EFFECTIVE
JULY 22, 1992 THE COTTON FEE RATES WILL NOT BE AVAILABLE FOR
ELECTRONIC RETRIEVAL BEFORE JULY 17, 1992.