CBP Reminds Importers of Eligibility to Submit Post Summary Corrections for Craft Modernization Act Deferred Tax Bills

Posted by Matt Schmitt on 10/1/19 5:00 PM

On September 20, 2019, U.S. Customs and Border Protection (CBP) issued Cargo Systems Messaging Service (CSMS) #39891377, reminding importers of the eligibility requirements to submit a Post Summary Correction (PSC) for the Craft Beverage Modernization Act (CBMA) deferred tax bills.

According to the CSMS, “deferred-tax bills are required to be paid-in-full prior to submission of a Post Summary Correction.” Once the deferred-tax bill is paid, the filer may submit a PSC requesting an increase or decrease in the amount owed.

CBP will reject the PSC if the deferred-tax bill is not paid in full at the time the PSC is filed.

 

The CSMS may be found here:

https://content.govdelivery.com/bulletins/gd/USDHSCBP-260b1b1?wgt_ref=USDHSCBP_WIDGET_2?utm_source=google&utm_medium=google&utm_term=(not%20provided)&utm_content=undefined&utm_campaign=(not%20set)&gclid=undefined&dclid=undefined&GAID=972898903.1536269480

Topics: CBP, PSC, CBMA