CSMS #43216136 - U.S. Customs and Border Protection (CBP) 2020 Q3 Absolute Quota Section 232 Quota Limits

U.S. Customs and Border Protection sent this bulletin at 06/30/2020 05:07 PM EDT

Cargo Systems Messaging Service

CSMS #43216136 - U.S. Customs and Border Protection (CBP) 2020 Q3 Absolute Quota Section 232 Quota Limits

Please refer to Quota Bulletin QB 20-603 2020 Absolute Quota for Steel Mill Articles: Argentina, Brazil and South Korea (https://www.cbp.gov/trade/quota/bulletins) which addresses quantity thresholds for July 1, 2020 through September 30, 2020 and Q4 limit formulation.

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 EST and on July 1, 2020 will be counted in the first opening at 8:30 am EST. If the accepted entry totals for any HTS submitted prior to the first opening exceed the limit of that HTS they will be prorated.

Please note quantities listed in the bulletin are estimates as of June 25, 2020. These amounts are provided for convenience and amounts may vary based on actual usage up to the end of the previous quarter. Actual amounts will be posted in the July 6, 2020 quota commodity status report found at www.cbp.gov/trade/quota.

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