On October 10, 2012, U.S. Customs and Border Protection (CBP) issued CSMS #12-000424 announcing a that a document with Frequently Asked Questions (FAQs) on the U.S.-Korea Free Trade Agreement was published on their website, as part of their informed compliance and shared responsibility initiative.
The document includes a memorandum, which explains that the FAQs "provides answers to some of the most common questions arising from the implementation of the U.S.-Korea FTA. It should be referenced in conjunction with the U.S.-Korea text, the Harmonized Tariff Schedule of the United States General Note 33, and 19 CFR 10, Subpart R."
The FAQs cover the following areas:
- General Information
- Claims for Preferential Tariff Treatment
- Certification of Origin & Required Data Elements
- Regional Value Content (RVC)
- Indirect Materials
- Tariff Rate Quotas
Any questions regarding this document should be directed to the Trade Agreement Branch at fta@dhs.gov
CSMS #12-00424 is available online here.
The FAQs and memorandum are available online here.
