FY 2013 Refined Sugar TRQ Oversubscribed at Opening
CBP issued a memorandum saying the fiscal year 2013 refined sugar tariff rate quota that opened on October 1 oversubscribed at opening moment. The pro rata percentage is 28.62180% or 0.2862180.
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Entries or withdrawals for consumption for specialty sugar presented after the opening should be returned to the broker for amendment. To facilitate release of shipments, HQ Quota will not allow filers to re-transmit amended entries. Filers should submit a corrected CBP Form 7501, and the ports will update the entry summary line information. It may be necessary to add additional lines in order to accurately reflect the amendment.
CBP said HQ Quota should be notified, via email by Oct. 10, what percentage allocation the importer elects to take. Provided that the importer has not taken custody of the shipment, the importer has the option to distribute the prorated allocation on a given entry (i.e., more or less than the prorated amount, or none at all). The importer may also transfer the allotment to entries at another port.
(See ITT's Online Archives 12092408, for summary announcing the opening of the TRQ.)
(QBT-12-520, 10/04/12)