CBP Again Sets Interest Rate at 3% for Additional Money Owed After Reconciliation
CBP posted an updated list of the interest rates for additional duty payments owed to customs as a result of reconciliation. CBP notes that when a reconciliation results in additional monies owed CBP, the payment must be made with interest,…
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calculated by the filer using the rates provided in the list. For Oct. 1 - Dec. 31, the rate is 3%.