Korea FTA in Effect, ACS & ACE to be Updated for Claims on March 21
On March 15, 2012, the U.S.-Korea Free Trade Agreement entered into force. CBP states that the ACS and ACE system changes for filing KFTA entry summary claims are expected to be ready on March 21, 2012, and that CBP will notify the trade via CSMS message when KFTA entry summary claims can be filed using these automated systems.
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(Note that CBP will also make its HS Update, containing the ABI and harmonized tariff records needed for KFTA entry summary preference claims, available for electronic retrieval, available within the next few days.)
(See ITT's Online Archives 12022807 for summary of CBP's message advising the trade of the system requirements needed to file KFTA entry summary (EI) claims in ACS ABI. This message also stated that the trade could file entry summary (AE) claims in ACE once the KFTA programming was completed in ACS ABI.
See ITT's Online Archives 12031323 for detailed summary of CBP's KFTA implementation instructions, including an origin rule get-around (as the KFTA Rules of Origin (ROOs), specifically the Tariff Change Rules (TCRs), have not been updated for the 2007 and 2012 WCO-recommended tariff changes implemented by the U.S. These instructions also cover how to make KFTA preference claims, including how to make claims before March 21; CBP's process for verifying importer claims; the SPI "KR"; post-importation claims and protests; etc. Also see 12031342 for summary of CBP's new KFTA webpage.)
USTR press release (dated 03/15/12) on the entry into force of the KFTA is available here.
CSMS message #12-00081 (dated 03/15/12) on the March 21 due date available here.