Update on Post Summary Corrections (PSC) for importers
With the transition to ACE over the last few years, one of the big benefits was the improvement of the Post Summary Corrections(PSC) filing process. With that, importers were looking forward to correcting entries quickly, easily, and less-expensively, regardless of the original filer.
However, last year, CustomsNow identified a bug in ACE which was preventing importers from filing a PSC for an entry that was originated by their 3rd party broker. We worked closely with CBP to help resolve, and finally, we’re happy to announce that this issue was recently fixed.
Now, many of our import clients are centralizing their correction process by either self-filing PSCs directly with Customs or by using CNI consulting to file on their behalf. This is especially helpful to manage refunds for those lucky enough to have a China Section 301 Exclusion or other refund situation.
The process is simple; run an ACE report, make corrections to the data, upload using CNI’s Import Upload Tool, and transmit to CBP. Results are returned in seconds and ACE data is updated immediately. There is even an “Accelerated Liquidation Requested” box for refunds to request that the entry liquidate within the 2-week cycle. Any follow up requests for documents from CBP are simply uploaded and transmitted via DIS. Learn more here.
ARRANGE YOUR CUSTOMSNOW ABI SOFTWARE WALK-THROUGH
Meet with a CustomsNow consultant to explore your compliance practices and how our best-in-class software and services can help you do what you do better.DEMO NOW