CBP Issues Instructions for CBMA Claims
CBP on Dec. 30 issued instructions for filing for reduced tax rates and/or credits on imported alcoholic drinks under the Craft Beverage Modernization Act, which was extended permanently (see 2012210045), effective Jan. 1, 2021. While CBP will continue to oversee…
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the provisions for now, the Treasury Department will take over in 2023, it said.