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Please refer to Quota Bulletin QB 22-601 2022 1 QTR Absolute Quota Steel Mill Articles Argentina, Brazil and South Korea (https://www.cbp.gov/trade/quota/bulletins) which addresses quantity thresholds for January 1, 2022 through March 31, 2022.
The Q1 period opens on January 3, 2022.
Effective December 29, 2020 FRN 2020-27110 all entries for General Approved Exclusion (GAE) HTS must utilize 9903.80.60.
Reminder: Effective December 27, 2021 per FRN 2021-26634 the General Approved Exclusion (GAE) HTS list is updated removing 26 HTS numbers from GAE status. All GAE HTS numbers can be found at the bottom of the Quota Bulletin.
In alignment with Presidential Proclamation 9740 of April 30, 2018 and Presidential Proclamation 9759 of May 31, 2018: Quantitative limitations applicable to imports of iron or steel products under HTS subheadings 9903.80.05 through 9903.80.58, inclusive, for the quota year are limited on a quarterly basis.
As of June 1, 2018, CBP implemented absolute quota processing functionality in ACE. Absolute quota is processed on a daily basis, Monday to Friday (excluding holidays), and cargo release of shipments subject to the absolute quota will be withheld until the absolute quota is processed and quota amounts are allocated.
In order for shipments to be processed for absolute quota on the same day, the entry summary must be filed, entry summary payment date must be on file or scheduled for a future statement, and the conveyance arrived by 4:30 pm in the port of unlading’s local time zone. The official hours for quota processing are established by 19 CFR 132.3.
All entries submitted prior to 8:30 am ET and on January 3, 2022 will be counted in the first opening at 8:30 am ET. If the accepted entry totals for any HTS group submitted prior to the first opening exceed the limit of that HTS group they will be prorated.
Trade can track quota status by viewing the weekly quota commodity status report found at www.cbp.gov/trade/quota.
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