The 2021 Section 232 Absolute Quota Steel threshold is announced on Quota Bulletin QB 21-602 at: https://www.cbp.gov/trade/quota/bulletins.
All entries submitted prior to April 1, 2021 will not be eligible for Q2 quota. The Q2 period is April 1, 2021 through June 30, 2021.
Reminder: Effective December 29, 2020 per FRN 2020-27110 all entries for General Approved Exclusion (GAE) HTS must utilize 9903.80.60. The list of GAE HTS numbers can be found at the bottom of the Quota Bulletin. GAEs are subject to change by the Department of Commerce.
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 April 1, 2021 will be counted in the first opening at 8:30 am ET. If the accepted entry totals for any HTS submitted prior to the first opening exceed the limit of that HTS they will be prorated.
Trade can track quota status by viewing the weekly quota commodity status report found at https://www.cbp.gov/trade/quota.
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