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CBP to Withdraw Opposition to First Sale Rule

U.S. Customs & Border Protection to Withdraw First Sale Rule Revocation Notice

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ALERT: Reminder on Iran Import/Export Sanctions

Reminder on Iran Import/Export Sanctions

The Comprehensive Iran Sanctions, Accountability, and Divestment Act of 2010 (“CISDA”) imposes a number of new restrictions on transactions involving Iran. While the Act primarily impacts banks and financial institutions, and further restricts transactions associated with Iran’s petroleum industry and elements of Iran’s military, it also bans imports of products from Iran which were previously authorized under regulations of the Office of Foreign Asset Controls (OFAC).

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ITC Requesting Comments on Duty-Free Entry of Festive Articles

Potential duty-savings opportunity for importers of holiday (or other celebratory) themed merchandise - ITC accepting comments on proposed changes to duty-free festive articles tariff provisions.

In our letter of July 23, 2010, we advised of a request by U.S. Customs and Border Protection (“Customs”) that the U.S. International Trade Commission (“ITC”) commence an investigation which may result in a broadening of the class of merchandise that will qualify for duty-free treatment as “festive articles” (within Heading 95051 or elsewhere in the HTS).

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Commerce Preliminarily Reinterprets Novelty Candle Scope

Commerce Publishes Preliminary Reinterpretation of Novelty Candle Scope Exclusion For Petroleum Wax Candles from China

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