The U.S. Customs and Border Protection (CBP) issued guidance on the effective date of duty increase for Section 301 tariffs on goods of Chinese Origin.

The increase in duty from 10% to 25% will go into effect on May 10, 2019 for goods entered for consumption, or withdrawn from warehouse for consumption and exported to the U.S. after 12:01 a.m. eastern standard time on May 10, 2019. According to CBP, any goods exported prior to May 10 and entered for consumption on or after May 10, will still be subject to the 10% rate of duty.

Currently CBP’s system is programmed to calculate duty at 25% on goods arriving on or after May 10, 2019. CBP is suggesting two options for importers with shipments that may be eligible for the 10% duty rate:

Importers may pay the 25% duty rate and file a Post Summary Correction when filing instructions become available for 10% duty rate;
Importers may delay filing the entry summary during the standard ten-day entry summary filing period until the additional instructions become available.

Further information can be found at the USTR’s website by clicking here.

Further information can be found at the Federal Register Notice by clicking here.